19 Sep '11, 11am

“Let’s Roll!” Restoring Jobs, Environment and Economy With American Made Electric Cars via @triplepundit #tcot #ocra

“Let’s Roll!” Restoring Jobs, Environment and Economy With American Made Electric Cars via @triplepundit #tcot #ocra

Slashing our dependence on foreign oil will create additional economic growth and new jobs. The United States imports 4.3 billion barrels of oil a year. At $100 per barrel, that represents $430 billion of the American consumer’s money going out of the country and into someone else’s pocket. According to the Dallas Federal Reserve about half of our nation’s oil consumption is used to produce gasoline. So if the American consumer would switch over the next 10 years to electric cars from gasoline cars approximately $200 billion would be put back into our economy rather than shipping it overseas (assuming that the price of oil in ten years is only $100 per barrel). $200 billion a year is about half of what President Obama proposes for a

Full article: http://www.triplepundit.com/2011/09/lets-roll-jobs-energy...

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