By 2008 Auto Makers were Producing More than 40 Million Gas Burning Cars per year... Do the Math!
In the Summer of 2008 the World Saw the First Results from Strained Oil Supplies and High Gas Prices. The World's First Supply Side Crisis Caused Economies to Crash Worldwide. Oil Producers and Hedge Fund Investors Saw this as an Opportunity to Maximize their Profits... at the Cost of Everyone Else!
Announcements were then Made by GM, Chrysler, BMW, Volvo, Tesla, Phoenix and Other Auto Manufacturers they Would Soon be Bankrupt, But, they Would Commit to Producing Electric Cars if Governments Would Give them Billions of Dollars in Bailout Money. Not Suprisingly, Gas Prices Soon Dropped to Almost Half...
Some People thought the Oil Problem was Over... That's Called "Wishful Thinking". The Truth is the World's Demand for Oil is Still Growing and will Continue to Grow. As More a Gas Burning Cars are Being Produced there are Signs Warning Us All of Things to Come. The Oil Companies want the Public to Forget About these Electric Drive Technologies... For Obvious Reasons.
ElectricCars.com is Supported Soley by You, Our Members who See What/s Coming and Hope to Influence Governments and Car Manufacturers to End the World's Insane Oil Addiction. Join Us Today!
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