"Recent Oil Spill shows the real price for Oil and leaves no doubt for us that there will be no more cheap oil: offshore drilling is costly now, it will be even more costly later. Relatively cheap Oil is in the hands of state owned companies in not so friendly to U.S. places. Oil squeeze will come from diminishing production rates and rising Inflation. The move will be even more explosive than in the Gold market - in the end only minority of people is effected by the gold price even now, Oil is the underlining of all Western Energy Diet. It is not sustainable. Emerging markets are taking more and more share of world wide production, oil producing countries are spending more at home. If you account all cost to produce, deliver and protect Oil supply to U.S. corp the price is already above 150 USD/barrel.
"Peak Oil and Lithium: Joint Operating Environment 2010
Please pay attention, this report is written by those who knows the Real Price of Oil. If you account all military needed to protect Oil supply lines and cost of wars to get more oil, price will be well above 150 USD/barrel already. Now we all have another problem: there is simply no more oil enough for all. Will future wars for oil be the only answer?"
Another "liberation" operation like Iraq, this time against Iran will break the camel's back with no return point. Competition for Oil is heating up and aggressive move by China into Electric Cars leaves no other options for US than to follow. In order to keep power China needs gradually improve standard of living, it will bring upside pressure on labor cost. Electrification will not only provide Energy Security to China, but will significantly reduce the cost of its transportation element and provide another opportunity to stay among low cost producers. Situation is completely different to U.S. - they have capital to invest in Electric Mobility CAPEX now and rip the rewards of lower cash cost on transportation side later. We will refer you to the Economics of Electric Cars.
Recent Ash Cloud events in Europe brought a very sobering sense of the feeling to be grounded. It is amazing how many things are taking for granted. This time it is Ash Cloud - what will happen with oil above 150?
Electric Cars is the only commercially viable technology today to sustain mobility world wide with rising Oil prices. Lithium is at the heart of Green Mobility revolution - it is an industry adopted standard for batteries and billions of dollars are invested into battery technology and upcoming by the end of this year Electric Cars on a mass market scale. This Bull market is still very young - only a year or so from the beginning after the crash of 2008.
We will provide you with few links to study the subject further:"
"Peak Oil and Lithium: Joint Operating Environment 2010
Please pay attention, this report is written by those who knows the Real Price of Oil. If you account all military needed to protect Oil supply lines and cost of wars to get more oil, price will be well above 150 USD/barrel already. Now we all have another problem: there is simply no more oil enough for all. Will future wars for oil be the only answer?"
Another "liberation" operation like Iraq, this time against Iran will break the camel's back with no return point. Competition for Oil is heating up and aggressive move by China into Electric Cars leaves no other options for US than to follow. In order to keep power China needs gradually improve standard of living, it will bring upside pressure on labor cost. Electrification will not only provide Energy Security to China, but will significantly reduce the cost of its transportation element and provide another opportunity to stay among low cost producers. Situation is completely different to U.S. - they have capital to invest in Electric Mobility CAPEX now and rip the rewards of lower cash cost on transportation side later. We will refer you to the Economics of Electric Cars.
Recent Ash Cloud events in Europe brought a very sobering sense of the feeling to be grounded. It is amazing how many things are taking for granted. This time it is Ash Cloud - what will happen with oil above 150?
Electric Cars is the only commercially viable technology today to sustain mobility world wide with rising Oil prices. Lithium is at the heart of Green Mobility revolution - it is an industry adopted standard for batteries and billions of dollars are invested into battery technology and upcoming by the end of this year Electric Cars on a mass market scale. This Bull market is still very young - only a year or so from the beginning after the crash of 2008.
We will provide you with few links to study the subject further:"
Vice President Joe Biden calls the Navistar Electric Truck Team to congratulate them on shipping their first vehicle as a result of Recovery Act funding, from his home office in Wilmington, Delaware,
The Recovery Act:
First Recovery Act Electric Vehicle Delivered Today
Posted by Liz Oxhorn on May 13, 2010 at 04:04 PM EDT
For months now, a team at an Indiana plant has been hard at work preparing to manufacture electric delivery trucks that are entirely powered by plug-in power. They’ve been installing equipment, retrofitting an old manufacturing facility, assembling parts, testing the new technology – and today they became the very first Recovery Act recipient to deliver an electric vehicle with the advanced battery and electric drive grants the President announced last year as they unveiled their new truck today and handed the keys off to the customer.
Perhaps the President was on to something last year when he chose Navistar’s Wakarusa plant as the location to announce these awards – because that Indiana team marking this important milestone today is none other than the fine folks at Navistar. You may remember some of them from this video of the President’s visit there last year. Their community was hard-hit when a local employer, RV manufacturer Monaco Coach, went bankrupt during the economic downturn. Like communities across the country, they’re still making their way to back to economic recovery – but they’re starting to see a brighter future thanks to the Recovery Act. The electric truck being unveiled today? It was manufactured at one of Monaco’s old facilities - which is today Navistar’s new electric vehicle facility. And it was made with the help of some former Monaco employees – who, thanks to the Recovery Act, are now on the job at Navistar.
The folks at Navistar took a few minutes in the middle of their busy launch day to take a phone call from a special guest Vice President Biden congratulated the team not only reaching this important milestone, but on playing a leading role in putting Recovery Act dollars to work manufacturing smarter, cost-efficient vehicles and helping build an industry that will create good middle-class jobs for years to come. This is just the beginning for Navistar’s electric vehicle program – they plan to eventually develop and deploy 400 of these trucks and put sixty people to work in the process thanks to the Recovery Act investment.
And this wasn’t just an accomplishment for Navistar, but for the entire advanced battery and electric vehicle industry. In fact, the battery that is powering the new electric delivery truck unveiled today was built in Michigan by Michigan workers at A123 Systems – also thanks to a Recovery Act award announced last year.
It’s easy to get a look at this electric delivery truck and the other advanced technology the Recovery Act awardees are producing and think this is just about the future. But Navistar and companies like it are bringing the future to market today. In fact, this truck isn’t a model or test vehicle – it’s going to be immediately put on the road by the customer making deliveries in a smarter, more cost-efficient way. A plug-in powered vehicle that can carry in excess of 2 tons a distance of up to 100 miles per charge – that’s not the future, that’s today.
Posted by Liz Oxhorn on May 13, 2010 at 04:04 PM EDT
For months now, a team at an Indiana plant has been hard at work preparing to manufacture electric delivery trucks that are entirely powered by plug-in power. They’ve been installing equipment, retrofitting an old manufacturing facility, assembling parts, testing the new technology – and today they became the very first Recovery Act recipient to deliver an electric vehicle with the advanced battery and electric drive grants the President announced last year as they unveiled their new truck today and handed the keys off to the customer.
Perhaps the President was on to something last year when he chose Navistar’s Wakarusa plant as the location to announce these awards – because that Indiana team marking this important milestone today is none other than the fine folks at Navistar. You may remember some of them from this video of the President’s visit there last year. Their community was hard-hit when a local employer, RV manufacturer Monaco Coach, went bankrupt during the economic downturn. Like communities across the country, they’re still making their way to back to economic recovery – but they’re starting to see a brighter future thanks to the Recovery Act. The electric truck being unveiled today? It was manufactured at one of Monaco’s old facilities - which is today Navistar’s new electric vehicle facility. And it was made with the help of some former Monaco employees – who, thanks to the Recovery Act, are now on the job at Navistar.
The folks at Navistar took a few minutes in the middle of their busy launch day to take a phone call from a special guest Vice President Biden congratulated the team not only reaching this important milestone, but on playing a leading role in putting Recovery Act dollars to work manufacturing smarter, cost-efficient vehicles and helping build an industry that will create good middle-class jobs for years to come. This is just the beginning for Navistar’s electric vehicle program – they plan to eventually develop and deploy 400 of these trucks and put sixty people to work in the process thanks to the Recovery Act investment.
And this wasn’t just an accomplishment for Navistar, but for the entire advanced battery and electric vehicle industry. In fact, the battery that is powering the new electric delivery truck unveiled today was built in Michigan by Michigan workers at A123 Systems – also thanks to a Recovery Act award announced last year.
It’s easy to get a look at this electric delivery truck and the other advanced technology the Recovery Act awardees are producing and think this is just about the future. But Navistar and companies like it are bringing the future to market today. In fact, this truck isn’t a model or test vehicle – it’s going to be immediately put on the road by the customer making deliveries in a smarter, more cost-efficient way. A plug-in powered vehicle that can carry in excess of 2 tons a distance of up to 100 miles per charge – that’s not the future, that’s today.
And because of the advances the more than 40 recipients of the Recovery Act’s $2.4 billion investment in electric vehicles are making today, we’re going to go from two advanced vehicle battery factories last year to 30 by 2012. We’ll go from two percent of the world’s advanced vehicle battery market share to 20 percent by 2012. And we’re not just making the parts here at home, we’re also helping plant the power stations to fuel electric cars all over the country. So while Navistar’s customer will hit the road with a brand new electric vehicle soon – it may not be long before you do too.
Liz Oxhorn is Recovery Act Communications Director
Liz Oxhorn is Recovery Act Communications Director
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