Chevy offers to buy back Volt.

[fordracing65]

Google, Anwr Alaska, and then just keep the google search going, plenty of oil, I mean plenty.

[392cobra]

Originally Posted by fordracing65

Google, Anwr Alaska, and then just keep the google search going, plenty of oil, I mean plenty.

Don't over look Shale Oil & Gas
Oil Shale: Natural Gas Shale: Oil Shale Stocks

In the past year I have signed leases for Oil & Gas drilling on 2 of my farms in West Texas.

Fracking has changed everything.There is more oil in North Dakota than Saudi.

We can be independent of the Middle East.

[Bartruff1]

Roughly, the US consumes about 25% of the world production...we import about 50%...we have about 2% of the oil reserves...no one has recovered a significant amount of oil from shale at a competitive price...I hope you don't trade oil futures... moving on...

[392cobra]

Originally Posted by Bartruff1

..no one has recovered a significant amount of oil from shale at a competitive price...I hope you don't trade oil futures... moving on...

You need to educate yourself.

The Energy Information Administration (EIA) reported that oil production from shale formations was approximately 275,000 barrels per day (B/D) in 2010, up from virtually nothing in 2005, and triple the 2008 production level.

The industry is enabling this production by using the same techniques that have been employed in natural gas shale plays, including horizontal drilling and hydraulic fracturing. This production increase was led by developing the Bakken formation in North Dakota and the Eagle Ford Shale in Texas. Other areas producing shale oil include the Barnett, Woodford and Marcellus formations.

[Bartruff1]

I understand that, and that production is taking place and is up to nearly 500,000..and ND is booming....but we use nearly 10,000,000,000 barrels a year...the simple undeniable fact is that we don't have plenty of oil and will continue to import more than half of our consumption... Edited to add that (I am no expert) but based upon what I read, electric cars will not be the answer, not even close. There are communities where they can provide economical and practical transportation but it appears that battery technology does not (as yet) provide the amount of energy that most people demand. I understand that there are well intentioned people both within and outside the administration who are eager to pursue this option...but reallly, if I were king, I would let the market decide the winners... and in any case I will continue to destroy the local ozone and peace and quiet with early morning blasts with my Superformance...

[Don]

The following appeared in USA Today earlier in the week as part of a very brief news item. Does anyone know what might be meant by " improperly " stored ?
Seems to imply the crash test methods and damage were unique to the controlled crash test.

" Volts crash-tested by the government caught fire while in federal storage days and weeks after the tests. GM says the government stored the cars improperly and there's no danger of fire after a real world crash. "

[DAVID GAGNARD]

" Volts crash-tested by the government caught fire while in federal storage days and weeks after the tests. GM says the government stored the cars improperly and there's no danger of fire after a real world crash. "

And how many "real world crashes" have there been with the new Volt so far??????? how can they say that without any supporting evidence???????

David