Electric cars fight oil monopoly

Electric cars fight oil monopoly

While there is merit to both sides of the debate about hydraulic fracturing, one thing that it has nothing to do with is energy dependence.

Only one energy issue touches on national security, trade deficit, and national competitiveness – and that is the century-long monopoly of oil on transportation. Oil-producing countries will always gain the most from perpetuating the monopoly on a liquid fuel in transportation.

That’s why Better Place is nearing completion of a network for electric cars across Israel that will put cars onto the electric grid. Then we can have the real debate – what’s the best way to produce electricity in a given place, in a given time? Until then, the Saudis and Iranians of the world will continue to enjoy the confused energy policy debate taking place in the United States.