People keep arguing about when, or if, the Hubbert Peak for global oil supply will occur, not realizing that alot of individual reservoirs worldwide are already in decline. The only ones that aren't declining are OPEC and Former Soviet Union oilfields. So....
The future of America's oil supplies will depend on Islamics and former Communists. Does that suck? Not that they aren't human beings, but they don't like westerners very much.
source
Meanwhile the Japanese are in a race to miniaturize their automotive technologies. In 2002 Takura unveiled the Q-Car, a single-seat electric vehicle, which costs about $7500 US. Some have vintage body sculpting while others are more fun. They are developing additional prototypes for release in 2010.
In Europe, there are the Loremo, and the Monotracer.
source
source
Unless you work for American Chopper, all this just shows that American automakers aren't innovative.
Current Events » in reply to At least somebody can drill for new oil off Florida's coasts...
Non-OPEC and non-Soviet oil supplies have already peaked