I'm not too materialistic. So it will be a while. Cosmic Ether, Possessing Electric-Tension and Magnetic-Resistance, Is the Unified Field for Physics https://www.scirp.org/journal/paperinformation.aspx?paperid=108837
How long's a piece of string? It would depend on the type of bulb used. Incandescent, LED, halogen etc.
There haven't been viable options to oil for transportation until recently (excepting buses that run on electricity delivered by wire). While there have been attempts to make various gasses work, they have not succeeded for various reasons. Today, we do have options. We now have battery technology that makes electric vehicles possible, including the required distances per charge. Plus, today the fuel cost per mile of EVs is cheaper than gasoline, and maintenance costs for EVs are lower, too, as EVs have fewer systems and far fewer moving parts. So far it has been impossible for EV manufacturers to meet demand, even though Tesla (for one example) is approaching 1,500 cars per week at each of its various sites in the USA and abroad. Tesla Shanghai is delivering 750,000 cars per year.
As for now, that "something" is petroleum. Germany and the Northern US are in for a rough time this winter. Furthermore; No one has taken into consideration the lack of raw material to produce plastic. Plastic comes from petroleum, too. Hard times are a-coming. I suggest people gather long-stock food and do what they can for themselves and others around where they live as much as possible.
Many do not have that option. A very small percentage of the US is Tropical/Subtropical. You can't go cramming everybody into those areas.
If you consider when a light bulb draws power from the electricity from the building mains, it would potentially have the same if not longer life. How much current/amps are created using the above device, compared to traditional electrical means?
Yes - 2/3 of all our oil consumption is in transportation. Less than 3% goes to residential use, which I assume is mostly for heating. The rest goes to other products, such as plastics, other industries, etc. Only 0.5% of our oil consumption goes to electricity generation.
I know a little. When you have power plants creating/generating electricity, they juice up the power massively. Including amps and current so it can travel long distances without dropping all that juice generated over the high-tension powerlines crossing states and the country. When it gets to a grid, that's when it steps down. All that high output is tamed and to lower voltages, current and amps. by the time it gets to the end destination, it is now at a much more sane and manageable source of electricity which is alternating current, (AC). As for the magnetic power generator, it is a raw direct current, (DC)
Being an electrical engineer, I can say that amps and current are the same thing. The voltage is boosted for transmission, not the amps. In fact the amps go down as the voltage goes up for the same power. The technical language is that the volts times the amps remains a constant. But the higher the amps, the greater the losses to resistance. In fact the losses go up as the square of the current. So if you double the current, you have the square of that, or four times the loss of energy due to resistance, which goes off as heat. By stepping the voltage up very high, not the current, the losses due to resistance are dramatically reduced. The reason we landed on AC is that you can't use a transformer for DC. Transformers only work for AC. And boosting the voltage for long distance transmission is most efficient. Some power lines are now transmitting as much as 1 million volts for this reason. But you can't run 120,000 to a 1,000,000 Volts into your home. So we need transformers to step the voltage down and the current up. And you can only do that with AC. This is changing with very high power solid state state SCRs and extremely efficient switching IGBT technology. These new technologies can handle high power DC. But this is only true very recently. And after the long distance transmission, the DC is converted back to AC for distribution, where you still need transformers.
This is easy stuff - nothing more advanced than a high school science class. They have a battery under the board.
There is a simple rule of thumb: Anyone claiming to have an easy solution to produce energy is wrong or lying. If there was an easy fix we would have done it long ago. What is the proof in this case? Build the device. Make us a video. You won't get a thing. I can guarantee it.
Corporate energy giants have a stranglehold on energy solutions, are you aware of this? That's why free energy is very difficult to make a reality.