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Strategies & Market Trends : The coming US dollar crisis

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To: SARMAN who wrote (13210)10/20/2008 6:17:19 PM
From: Elroy Jetson  Read Replies (3) of 71475
 
GM doesn't need any pressure from Chevron or other large oil firms to screw-up.

Chevron owns 50% of Cobasys (the maker of batteries for the GM Volt) and, after years of losing money, has offered their share to GM at a large discount.

If nothing but electric cars could be sold from this day forward, oil firms could profitably find, produce and sell oil products long after your Grandchildren have Grandchildren.

If demand for gasoline were gone by edict, the company-owned retail stations are a gold-mine in properties for development easily handled by Chevron Land & Development.
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