General Motors CEO: Oil has peaked


I’ve always been a Chev man.  I bought a Chrysler once, it was the worst 7 days of my driving life.  Times have been tough for GM in recent years.  Toyota and Honda are both fantastic car companies and they definitely got the jump General Motors.  Our main car is a Toyota Echo and you can’t get much better mileage without going Diesel or Hybrid.  I think the newer Honda Civics are a nicer car though. 

GM is making the Chevy Volt.  A plug-in hybrid electric car.  It runs on electricity it gets from your house.  If they accomplish their goal this vehicle will go 40 miles without using the gasoline engine.  If they can pull this off they will leap ahead of Toyota. 

Hats off to GM for acknowledging the reality of Peak Oil and trying to be part of the solution.

Read more about Peak Oil here and here.

  1. #1 by Sean S. on January 16, 2008 - 3:25 pm

    I saw a posting that “LT” did on Caswell Hill from Sept 2007. I am currently looking at a couple of places in that neighbourhood, in particular on 25th St W., and was wondering if I could ask a few questions of the author?

    Thanks,

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