Every once and a while we hear a juicy rumor that sounds so outlandish it couldn’t be true, and yet it is. So imagine my astonishment when undercover agent “Juice” gave me a call with these details.
The common perception is that the oil companies have a lot to lose when it comes to gas savings technology. After all the less you sell the less you make, however Juice’s tidbit, led me to believe that that scenario just isn’t quite right.
According Juice’s information source, oil giant Chevron may have more than just a passing interest in hybrid technology. The reason is because, Chevron actually owns batteries that are in every hybrid car made and sold. According to Juice the manufacturer actually LEASES the batteries within the vehicle. Now I tried rather diligently to confirm this, and have not been able to do so, and for obvious reason this has been kept pretty hush-hush.
However, this would explain why the manufactures in general offer bounty programs for the battery packs in each and every hybrid out there, this is more a recovery mechanism for property for Chevron, rather than a green initiative.
So is this simply off the wall speculation, or is it a secretive part of a larger generally unknown scheme?
If you have any details about this it is your time to bring us all up to speed because we want to know.