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Bob Lutz, FedEx CEO Cite National Security as Reason to "Go Electric" with Volt, Lea
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Old 04-18-2012, 09:27 AM
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Default Bob Lutz, FedEx CEO Cite National Security as Reason to "Go Electric" with Volt, Lea





Bob Lutz, FedEx CEO Cite National Security as Reason to "Go Electric" with Volt, Leaf

By Brandon Hil - April 17, 2012 6:21 PM
Bob Lutz


Bob Lutz and his pals tout the benefits of domestic oil production, electric vehicles


The last time we visited commentary from former General Motors Vice Chairman Bob Lutz, he was firing back against the "Right-Wing Media" for its assault on the Chevrolet Volt. Lutz was a huge proponent of the Volt while at GM, and he helped spearhead the development of the gasoline/plug-in electric vehicle.

Now, in another column for Forbes magazine (written in conjunction with FedEx CEO Fredrick Smith, and U.S. Marines commandants General P.X. Kelley and General James Conway), Lutz is switching gears slightly to tout the positive benefits of oil independence and electric vehicles instead of attacking the "attackers".

Lutz and his posse argue that moving to vehicles that are more efficient or rely solely on electricity for power will boost the United States' national security. In addition, U.S. military manpower and financial resources are being strained to protect vital oil distribution points around the globe.
From a national security perspective, the U.S. military is forced to protect the world’s vital oil infrastructure… Protection of the sea lanes of commerce has become an American burden and will remain so, costing the United States Treasury an estimated $80 billion per year while taxing our military, which is already engaged on multiple fronts.
"Lutz and Friends" go on to say that the U.S. needs to produce more oil domestically (to isolate the country from global oil price spikes) while at the same time moving the U.S. transportation sector away from oil dependency. "The only way to fundamentally solve this problem is to break oil’s stranglehold on the transportation sector, which accounts for 70 percent of the total oil consumed by the United States and relies on oil for 94 percent of its fuel," states the quartet.

As we reported nearly a year ago, Frederick Smith is definitely onboard with reducing our “addition” to foreign oil in an effort to boost the domestic economy. And like Lutz, Smith is hip to the idea of electrifying America’s transportation sector.


Chevrolet Volt enjoying a dip in the pool with the ladies. [Source: TECHVEHI]

Not surprisingly, the column throws a shout-out to the two primary players in the electric car market: the Chevrolet Volt and the Nissan Leaf:
Regarding electrification, the beauty of plug-in hybrids and pure electric vehicles like the Chevy Volt and the Nissan Leaf is that they are powered by electricity, which can be generated from many sources: nuclear, coal, natural gas, and renewables. Best yet, these are all domestic energy sources, meaning OPEC won’t be able to corner the market. And the retail price of electricity is far less volatile that the price of oil.
It seems inevitable that electrification will by the end game for vehicles in the future, but the question is should the government be footing the bill to jumpstart the process?

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Old 04-18-2012, 10:31 AM
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Hey Mr. President, wouldn't opening up more drilling areas on Federal lands also reduce our need for imported oil? US oil production is up some, but that increase is due to drilling on private lands. Actual oil production on Federal or public lands is down.

Posted: 11:55 a.m. Thursday, March 22, 2012

Fact Check: Oil production under Obama up only on private land
Production is at a 9-year low on federal land

By Joe Kelley

During his 11-minute speech in Cushing, Okla., this morning, President Barack Obama said, "Under my administration, America is producing more oil today than at anytime in the last 8 years."

Mr. Obama has made that claim a benchmark of his 'all-of-the-above' energy policy and has repeated it several times, including when he announced he was rejecting the Keystone XL pipeline.

According to a KRMG Fact Check, that claim is only partially true.

A recently released (and revised) report from the U.S. government's Energy Information Administration (EIA) (and analyzed by the Heritage Foundation) indicates that whether 'American is producing more oil' depends on which land is being drilled.

The EIA report revealed a 12-percent decline in production for coal, oil, and natural gas on federal and Indian lands from fiscal 2003 through fiscal 2011, its lowest point in nine years.

Yet during that same time frame, production on state and private lands has increased, boosting overall production numbers for the United States.

While oil and gas production is up in the United States on private and state land, it is down on federal land, which falls under President Obama's direction.

Nick Loris from the Heritage Foundation outlines four steps Obama has taken to limit U.S. oil production:

Withdrew areas offered for 77 oil and gas leases in Utah that could cost American taxpayers millions in lost lease bids, production royalties, new jobs and the energy needed to offset rising imports of oil and natural gas.
Cancelled lease sales in the Western Gulf of Mexico, the Atlantic coast and delayed exploration off the coast of Alaska and kept other resource-rich areas off-limits.
Finalized rules, first announced by Secretary Salazar on January 6, 2010, to establish more government hurdles to onshore oil and natural gas production on federal lands.
Withdrew 61 oil and natural gas leases in Montana as part of a lawsuit settlement over climate change.


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Mr. President, you need to get a clue.
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