Emerging Electric Vehicle Technology

April 1, 2009.  You never heard that word used for ev cars before my web site was published in March 2008.    I will also make another prediction.  We all know (most of us) that the world oil supply is controlled by OPEC and that all members (oil well owners) manipulate the price by controlling supply and demand.  As China, India and Russia (other emerging industrialized countries) develop, so also will the demand for oil rise.  But the supply is limited.  I think it peaked in 2005.  The Alaska oil pipeline was pumping 2,000,000 barrels a day, now it is down to 750,000.  Saudi Arabia was pumping 10,000,000 barrels a day, now they are claiming 85% to 90% of that, but they probably are not really pumping any more than 8,000,000 a day.  The Gulf of Mexico has almost been depleted.  Over the last 20 years Chevron has drilled over 24,000 wells in the continental United States and most of those wells were dry.  There is a potential large supply in North Alaska, but the water is very deep and the weather very cold.  It will be both difficult and costly to extract it, and once we do, it will one day become exhausted.  Because of the dwindling supply, I will renew my October 2008 prediction that we will see gasoline prices that will exceed $7.00 a gallon by October 2009 and over $10.00 a gallon by July 2014.  My biggest worry in all of this is our military.  We must have oil to fight a war.  Don't get me wrong, I don't want to fight, but if we get caught without oil for our military then we could quickly fall to a foreign power and become their slaves.  It is for this reason that I am pursuing alternative sources of energy.  We now have the knowledge to make electric vehicles.  The next step is to work with the military to develop electric aircraft.  As the batteries get smaller, lighter and more powerful with higher amp hour ratings, this will become a reality too.