Friday, January 14, 2011

Oil Has To Get to Between $174 and $254 For Volt, Leaf To Be Economical -- Not a Bakken Story

Link here.

Original story here.

And that's with all the incentives. Once the incentives go away, they will never be economical.

Remember: the US government says the price of oil will stay stable through 2035 and might even fall in price.

I can't make this stuff up.