A new government report has found that the United States will import almost as much foreign oil 25 years from now as it does today. Pitiful policy initiatives simply haven’t done enough to fulfill the stated ambition of just about every administration since Richard Nixon’s—to liberate the homeland from a dangerous dependency on energy imports. (Continued)
GM claims its new wonder car, the Volt, gets mileage that makes the Prius look as if it belongs in the cash-for-clunkers program—230 MPG in the city. Pick up your jaw, the rating is based on a new EPA methodology and hasn’t been confirmed by the agency. The car may also be delayed indefinitely in reaching the market.