Spikes In Oil Prices and Unrest in Middle East Could Mean a Boost for the Electric Car
Recent events may help pave the way for the success of the electric carStamford, CT – February 24, 2011 – Oil prices have been on a roller coaster ride in recent weeks thanks to unrest in the Middle East, with crude oil prices briefly topping $103 a barrel on Thursday before retreating. Many industry experts predict volatility and rising oil prices for at least the immediate future and perhaps much longer. Proponents of the electric car say if there is a silver lining to be found it is that the unpredictable oil market may help make Americans more receptive to the advent of the electric