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T -
How constant do ya think electricity cost will remain?
L8TR - D
So, at a couple grand a year, will I save a tons of money over 5 years - no. I WILL have kept a couple grand from going to OPEC through the hands of big oil, who takes their share off the top.
Sorry, false. Only 9.8% of oil consumed in the US comes from the middle east. 49% is domestically produced. The number 1 foreign supplier is Canada, followed by Mexico.
So we export 60% of our crude dollars, and the fact that a lot goes to Canada and Mexico doesn't change the fact that the bucks are gone. That might partly explain the healthy economy in the Great White North. And all the money goes through the hands of the oil companies and traders. No matter where it comes from, I want to minimize my consumption of it.
Politics aside - and they should be - the Volt is a great car on its own merits.
My wife and I like our Volt.
Politics aside - and they should be - the Volt is a great car on its own merits.
My wife and I like our Volt.
Development of the Volt began in the first Bush administration with no gov. involvement. The GM bailout happened at the end of the second Bush term. Obama was handed the administration of the loan. How is this car an Obamamobile? Never let the truth get in the way of a good political rant.
Here are my Volt figures based on 7,000 plus miles experience. I use at least 14 full charges a week or 728 full charges a year. Let's assume that the 40 miles per charge is a gallon on gas - if you get 40mpg. That's 728 gallons of gas saved per year. Assume a $4.00 gallon price just for the hell of it - that's $2,912. My electricity costs here is $1.05 for a charge - or about $764 a year. The gas savings, for me, should be over $2,100 per year. Routine maintenance, as prescribed by GM for the Volt is also lower as the gas engine needs fewer routine oil changes - far fewer.
So, at a couple grand a year, will I save a tons of money over 5 years - no. I WILL have kept a couple grand from going to OPEC through the hands of big oil, who takes their share off the top. That's a big part of the reason I bought the car. What about the power plant pollution? In most places they are switching over to natural gas as fast as they can afford to do it. Natural gas is becoming plentiful, and the price is stable, or even going down. It's obviously much cleaner burning than coal, as is wind and nuke.
As a bonus, the Volt is a sweet riding and great handling car. The battery weight is low and midship, and it handles better than the Cruise, even on low friction "mileage" tires.