Return of Gov't Motors...
Richielion, I happen to agree with your position regarding the cash rebates. I take umbrage at the thought that my tax dollars are going to ventures such as this one. Worse yet we have a double whammy because the government subsidies production of electric and hybrids vehicles. Yet experts will tell you that electrics are actually are less efficient ( e.g. batteries inefficient in cold weather not to forget their weight) and create more carbon dioxide (coal to generate the electricity). Electric cars also require replacement of batteries in 7 years or so ($20,000) Essentially what we have is an environmentalists moral victory over the science of thermodynamics.
In my view we have all the natural resources available domestically to fuel our economy for the next two hundred years. All we need is a sensible energy policy and the will and courage of our politicians to let the oil industry free to explore both oil and gas. It will never happen because we have made this issue too political.
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