AUTOS: Low oil prices could keep Obama’s electric car goals stuck in neutral
Saqib Rahim, E&E reporter. Published: Wednesday, August 15, 2012 The electric car has run into several market cross winds that didn’t exist at the start of President Obama’s term, and these forces could slow or squash the car’s commercial aspirations.Since Obama took office in 2009, U.S. oil production has surged. World oil prices have spiked,…