This past weekend I got a chance to see the documentary, “Who Killed the Electric Car?”

It wasn’t bad.

If you can get past the liberal slant, there’s a lot of valid information regarding the demise of GM’s “EV1”.

Not surprisingly, the EV1, with Toyota and Honda versions in tow, strategically disappeared from California’s landscape just a few years ago.

The reason…

According to GM, it was nothing more than lack of demand.

But demand…even with GM’s questionable, self-sabotaging marketing campaign, was actually quite impressive.

Perhaps the thought of producing vehicles that no longer needed oil changes, maintenance and repairs associated with conventional internal combustion engines could’ve had something to do with it?

Call it what you want – bullsh@# or just smart business. But until recently, shiny bells, whistles and cup holders were more important to these auto-manufacturers than fuel efficiency.

And even now, with gas over $3.00 a gallon, the old guard is still trying to stick to its guns…throwing us a bone every now and again to calm us. One of the most recent, GM’s boasting of its Saturn VUE…the hybrid SUV with a pathetic 32 mpg.

This thing is a bad joke with a transparent punch line!

But that’s another issue altogether.

Point is, the auto-makers, big oil and bloated bureaucrats did a fantastic job at suppressing any possible validation for Electric Vehicle demand when these things first hit the market.

And you can’t blame them.

These guys need to protect their best interests. And introducing a variable that could negatively affect the bottom line doesn’t do much to increase shareholder confidence.

Don’t get me wrong. No level playing field has ever been available to competing technologies when it comes to the internal combustion engine.

But everyday, with every drop of oil spent and every war fought over the stuff – well, the playing field is now leveling itself.

What’s the Hold-up?

Let’s face it – the hybrid vehicles on the market today wouldn’t exist without a robust demand for more fuel-efficient vehicles.

However, the hybrids on the market today do require gas – even if you’re only driving a few miles. This gently appeases those who want fuel-efficiency…but keeps big oil and auto repair shops (where a big chunk of auto-manufacturers make their money) in business.

Plug-In Electric Vehicles, on the other hand, require absolutely no gas at all and don’t require the same type of repair services auto-makers offer for conventional Internal Combustion Engines.

Now with the price of gas creeping up everyday, loads of pollution being spewed into the air by conventional vehicles and a continued reliance upon foreign oil – do you honestly believe an alternative that could single-handedly end nearly all of this wouldn’t command interest from the car-buying public?

Give me a break!

And you can’t rely on the cost factor on this one either.

Mass-manufactured, these plug-in electrics can be produced competitively.

So what’s the hold-up?

You know what it is. But you also know that this lifeline’s only got so much time left.

And every couple of weeks, one more piece of the puzzle is dismantled.

Last week’s Prudhoe Bay shutdown is a perfect example.

In an instant we lost 8% of our domestic production. Why? You can’t blame rust on this one folks! Take a look at those pipelines. They look like Larry the Cable Guy duct taped those things together on a smoke break.

You’d think that with so much oil at stake, they’d take better care of those pipelines.

But how much oil is at stake up there?

As it is, they’re flushing so much water into those wells, about 75% of what comes back is just that – water!

I know if I had a dwindling oil supply, the last thing I’d do is put money into upgrading pipelines that’ll soon be out of commission.

Bit by bit, it’s all imploding.

Samuel Bodman wanted you to know last week that although 8% of domestic production had been cut…substitutions for Alaska crude were available – so we’re still in “pretty reasonable shape”.

Feel better?

I do. Because every time these guys come out and try to sedate us, you know that they’re fully aware of the big picture. And it ain’t pretty!

But for the future of Plug-In Electric Vehicles – it couldn’t be brighter.

And at Green Chip Stocks , we will continue to uncover the latest on investment opportunities within the Plug-In market. Because not only do we plan on driving these things very soon – we plan on profiting from them as well!

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