Low oil prices could keep Obama’s electric car goals stuck in neutral

Since Obama took office in 2009, U.S. oil production has surged. World oil prices have spiked, then ebbed, thanks to higher world production and lagging economies. Thus, when automakers seek to meet federal efficiency mandates, these kinds of strategies will become common, said Dan Sperling, director of the Institute of Transportation Studies at the University of California, Davis.

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