This is the Tom Hartman program.

My op-ed over at Hartman Report.com, Why are Americans still stuck paying for oil wars when EVs

cost less to drive? Pretty straightforward. There was an article in yesterday's Financial

Times headlined, pump anxiety from soaring fuel prices, prompts surge in EV interest.

And then the New York Times day before yesterday had a piece,

now is the perfect time to buy an electric vehicle. They note, this is the New York Times article,

quote, even before prices at the pump started soaring about four bucks a gallon, consumer

reports found that the typical EV owner saves $6 to $12,000 on maintenance

and fuel over the car's lifetime.

The reason why is fairly obvious on maintenance, instead of having over 100 parts, moving parts

in an engine, you've got a couple of motors, which have like basically one moving part

or maybe two. So, you know, there's just not that much to go wrong. You don't have to do

oil changes. The garage doesn't stink if you have a garage. Your car is not a, you know,

you're not polluting the atmosphere. You're not producing poisons that cause a minimum of 10,000 deaths from cancer every year and a minimum of a million

cases of asthma every year. None of that is happening. And the electricity, if, you know, the average price of electricity in the

United States at retail is around 20 cents a kilowatt hour. I'm paying about 10 cents a kilowatt hour at

night, but then it goes up to like 30 or 40 cents during the day, but I don't use electricity

during the day. We've got batteries and solar power. But the point is that at night, when I charge my car, 10 cents

a kilowatt hour, that's the equivalent of 75 cent a gallon gasoline. The national average at 20 cents

a kilowatt hour, that's the equivalent of $1.50 a gallon gasoline.

So, you know, it's pretty straightforward stuff.

You've got, you know, an auto industry that was moving in this direction, and around

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