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3 Years Of Painful Cuts Sets Oil Markets Up For Serious Supply Crunch

Green Car Congress

A sharp rise in oil prices would spur new investment and new drilling. The price acts as a self-correcting mechanism. The problem is that, unlike many other industries, resource extraction is extremely volatile, with supply responses very delayed. When oil prices go up, people buy fuel efficient cars.

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Honda May Develop Plug-In as Obama Alters U.S. Policy (Update2) - Bloomberg.com

Tony Karrer Delicious EVdriven

Tax Credits Instead, Obama backed tax credits of as much as $7,500 inthe stimulus package approved in February for buyers of plug-incars. Oil prices are going to go up. millionthis year from $211.9 million, according to the EnergyDepartment Web site. We will have packages that will be verycompetitive at that time.”

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Cleantech Blog: Smart Grids and Electric Vehicles

Tony Karrer Delicious EVdriven

The Three Prongs of the “Green&# Energy Stimulus Pa. DE (1) Agricultural offsets (1) Always On Going Green (1) Applied Materials (1) Appropedia (1) Aqua Resources Fund (1) Arnold Schwarzenegger (1) BMWG.F (1) The Appraisal 2010 Prius Delivers Record Mileage and Accelerates. 2) Chevy Volt (2) China (2) ECOD3.SA SZ (1) 6753.T

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