Will the American Oil Industry Backfire and Allow the Chinese to Emerge on Top of Electric Car Market?

Last month, I saw a cartoon in the Economist that mocked President Obama for giving a speech to Uncle Sam on changing to clean energy alternatives.  Uncle Sam cheered and then said, “Great—I’ll go get the car.”   It was an idiotic cartoon in the first place, but the message was clear:  Americans don’t have a choice; they must rely on gas.   What the cartoonist failed to mention is that Obama owns a hybrid-electric car.  Big oil investors have brainwashed Americans into believing that there are no electric cars; there are only gas-fueled cars.  


I guarantee that it wouldn’t have cost one fourth of what this government spent on the oil wars to build electric highways with the promotion of electric cars, which would have produced a lot of new jobs.  The future is now.  We can’t afford to stay stuck in the 1800s. 


Do you dream of a near future when oil is nothing more than a dark history of a time when global warming nearly destroyed us and our planet because the oil barons forced our reliance on using the most polluting form of energy so that they could maintain their monopoly, wealth and power?  Do you dream of the day when oil is obsolete? Let’s make that dream a reality: buy an electric car. 


I’m familiar with the lie that electric cars are not affordable, as if they were double the price of gas fueled cars.  New electric cars are not only priced the same as most gas fueled cars, they are far cheaper depending on the model. This lie has been perpetuated by the oil industry to fabricate the false belief that electric cars are not in high demand.  The U.S. auto and oil industry have deliberately limited the number of electric cars, creating a shortage to make it appear as though no one wants them—when, in fact, Americans want electric cars.   

The fact that there are no TV ads on electric cars proves that our U.S. auto industry is in bed with Big Oil.   

But China’s electric car company, BYD, is going right over the oil industry, and it can’t be stopped.  BYD's plug-in, called the F3DM (for "dual mode"), goes farther on a single charge - 62 miles - than other electric vehicles and sells for about $22,000, less than the Prius and Chevy Volt are expected to cost when they hit the market in late 2010. (Fortune) Warren Buffett has invested in BYD because he believes it has a shot at becoming the world's largest automaker, primarily by selling electric cars, as well as a leader in the fast-growing solar power industry. The BYD e6 is an all electric, luxury 5-door hatchback for those who are shopping in the $40,000 market, which is less than most gas fueled SUVs.   

More wealthy individuals are joining Warren Buffett to invest in electric cars, solar and wind.  It’s unprofitable for Wall Street investors to gamble their money on oil, pollution, global warming and wars. It’s a losing investment.  The top world financial leaders are leaving the industrialists behind; they know that the Industrial Age is over; oil & coal are no longer economically viable or sustainable; they’re wisely moving ahead to green investments, and they will make billions of dollars from these non-polluting energy investments. The oil industry cannot stop what is fashionable and popular.  In the same way that mobile phones became a popular necessity, electric cars are quickly becoming the “in” vehicles to drive.     

I’d like to support our auto industry, but if they want to cling to the 19^th century, antiquated, polluting oil age, then China will win this battle by selling and advertising affordable electric cars.  Some BYD electric car models may sell as low as $12 to $15,000. At that price, they’ll sell like hot cakes.  

Imagine the elated feeling of never having to pay a dime for gas again, and knowing that you’re helping to make the oil industry obsolete.  No more pollution.  No more global warming.  No more oil wars. And no more engine noise.  Just clean air and silence… 

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