An investment blog written by Chad Brand, President of Peridot Capital Management

Visit Peridot Capitalist

Honda Previews Future of Compact Vehicles

Posted on June 16, 2008

It will take time, but this kind of introduction shows we do have the ability to transform our domestic vehicle fleet in order to greatly reduce oil consumption from transportation, which represents the vast majority of our energy use. As 5% of the world's population using 25% of the world's oil, even a 10 or 20 percent drop in our consumption would meaningfully impact the global supply and demand picture for crude oil, which is hitting new highs today at nearly $140 per barrel.From the Associated Press: Honda rolls out new zero-emission carMonday June 16 TAKANEZAWA, Japan (AP) -- Honda's new...

Original article link


highs