Hybrid Car

There's More Oil in Detroit than Saudi Arabia

Tyler Elm | Posted 12.08.2012 | Canada Business
Tyler Elm

The billions of dollars that the US sends to Middle Eastern countries to import is a choice. This has led Amory Lovins to state that there's more oil in Detroit than in Saudi Arabia. There's actually no oil in Detroit, but the reluctance of auto executives to pursue higher fuel efficiency standards, imposes billions of dollars of cost on North American companies and car owners.