Tuesday, August 18, 2009

Whether you believe or disbelieve in Peak Oil...

Consider that GM is unlikely to survive by selling unproven $40,000 electric car technology (Volt) in what is likely only the early part of this economic tsunami. Ponder, that a few years ago, the U.S. automakers manufactured 19 million cars in one year, last year 11 million were produced, down over 45%.

Consider that, already, cash starved states like Michigan, are so completely broke that they are fixing roads with gravel, essentially beginning the process of de-paving them.

Further, road paving is paid for primarily by gasoline taxes, with electric cars (even if they 'make it' as a product), well, you get the picture...they don't use gasoline (much).

Consider then, that we are at, or already past, Peak Autos and Peak Roads, no matter what happens to the oil supply itself...

Consider what this, in turn, means...