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View Full Version : What Happened To The Electric Car?



Hardrock69
05-30-2006, 09:28 AM
http://www.sonyclassics.com/whokilledtheelectriccar/electric.html


Here is one little item from the above site:

Why did oil companies fight so hard to stop funding of public charging stations? Why did Mobil take out full-page national newspaper ads critiquing the merits of electric cars? Why did oil industry lobbyists pressure legislators? Electric cars may not have been a short-term threat, but if they caught on, they certainly could have become one.

The oil industry sells nearly 3 billion gallons of gasoline per week in the U.S. According to the Environmental Protection Agency, commuters alone spent $60 billion on gasoline in 2004. As the world demand for transportation fuel increases, a lack of alternatives keeps prices and profitability going up.

Combined Profits of Exxon-Mobil, Chevron-Texaco, Conoco-Phillips
2003: $33 Billion
2004: $47 Billion
2005: $64 Billion