The effects of Solar Automobiles on the US economy

As the world moves further with technology, the next big step willing be the introduction of solar cater cars. For years, cars have relied on rock anele, for gasoline, their primary form of power. The Unites States, only being satisfactory to assign so much oil colour, has relied on importing it from other countries. 63% of all oil is used as fuel (gasoline) for automobiles (Perkins, achievement 6). With increasing use of automobiles in everyday life, the U.S has not been able to make enough oil to keep up with the countrys needs. It has caused a deepening of the U. S.s dependence on foreign oil. Domestic oil demand, which had fallen to 15.7 million barrels a day (bbl/d) in 1985, climbed to 17 million last year. Meanwhile, domestic intersection has been declining maturement U. S. oil fields produced only 7.2 million bbl/d last year, down from 8.9 million in 1995. As a result, the U. S., the worlds largest energy consumer, now imports more than 50% of its crude oil and petroleum products (qtd. Miller). A lot of US tax income is derived from the production of the gas and oil industry. The gas and oil industry produce a great percentage of jobs, which attention the economy. The industry also produced a great deal of profit from exporting of its oil to other countries and the capitalizing of oil being imported into the US.



All this revenue greatly helped the American economy and will continue to help in its growth. However, once solar powered cars are introduced into the American market, its economy will greatly diminish.

        

Vinny 2

The introduction of solar powered cars into the American market would greatly diminish its economy, nevertheless, its introduction would be extremely beneficial to the

United States, in the respect that it would open...

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