Which is why I think both the Elio and EV have the force to control oil prices. i.e keep them more level. When the price goes up, people will switch more to their Elio or EV in each daily decision. When down, they'll drive that Hummer more often.The idea of reducing oil consumption by 20% may not seem like much, but consider this: the difference between an oil glut and an oil crisis is less than a 3% change in production.
This only happens if the numbers are high enough, and if there is a second car.
The Elio is pretty much the second car type product, so I think it will do a better job of daily price control.
The purchase decision has a longer term cycle, which just controls the volume of oil per year, not so much the price.