Tag Archives: futures

NoTrading

Cost to Operate the Chevy #Volt

I want to save our planet —
Cost to operate a Chevy Volt

Eric Bolling (Fox Business Channel’s “Follow the Money”) test drove the Chevy Volt at the invitation of General Motors.

For four days in a row, the fully charged battery lasted only 25 miles before the Volt switched to the reserve gasoline engine. Eric calculated the car got 30 mpg including the 25 miles it ran on the battery. So, the range including the 9 gallon gas tank and the 16 kwh battery is approximately 270 miles. It will take you 4 1/2 hours to drive 270 miles at 60 mph. Then add 10 hours to charge the battery and you have a total trip time of 14.5 hours. In a typical road trip your average speed (including charging time) would be 20 mph.

According to General Motors, the Volt battery holds 16 kwh of electricity. It takes a full 10 hours to charge a drained battery.

The cost for the electricity to charge the Volt is never mentioned so I looked up what I pay for electricity.

I pay approximately (it varies with amount used and the seasons) $1.16 per kwh.

– 16 kwh x $1.16 per kwh = $18.56 to charge the battery.

$18.56 per charge divided by 25 miles = $0.74 per mile to operate the Volt using the battery.

Compare this to a similar size car equipped with only a 4 cylinder gasoline engine that gets 32 mpg.

– $3.19 per gallon divided by 32 mpg = $0.10 per mile.

The gasoline powered car cost about $15,000 while the Volt costs $46,000.

So Obama wants us to pay 3 times as much for a car that costs more that 7 times as much to run and takes 3 times as long to drive across country.

REALLY? No wonder GM is having trouble selling the Volt !

http://www.snopes.com/politics/business/chevyvolt.asp

Related Posts

  • Here Are The Top 10 Emerging Technologies For 2014
    43
    The World Economic Forum, famous for its annual Davos convention in Switzerland, has put out a new report identifying the top technological trends for the coming year.   "Technology has become perhaps the greatest agent of change in the modern world," writes WEF's Noubar Afeyan. "While never without risk, positive technological breakthroughs…
    Tags: time, futures
  • When will FED rise the funds rate ?
    37
    Before the weak employent report of the 10 Jan 2014, traders expected the fed funds rate to average 0.45% in June 2015. That estimate is based on price movements in the June 2015 fed funds futures contract. Put another way, traders saw a high probability that the Fed would start…
    Tags: futures
NoTrading

Here Are The Top 10 Emerging Technologies For 2014

The World Economic Forum, famous for its annual Davos convention in Switzerland, has put out a new report identifying the top technological trends for the coming year.

 

“Technology has become perhaps the greatest agent of change in the modern world,” writes WEF’s Noubar Afeyan. “While never without risk, positive technological breakthroughs promise innovative solutions to the most pressing global challenges of our time, from resource scarcity to global environmental change.”

“By highlighting the most important technological breakthroughs, the Council aims to raise awareness of their potential and contribute to closing gaps in investment, regulation and public understanding,” he writes.

From wearable electronics to brain-computer interfaces, here are the big technologies to look out for this year.

Read more: http://www.businessinsider.com/top-10-emerging-technologies-2014-2?op=1#ixzz2ucYzbOpa

Read more: http://www.businessinsider.com/

Related Posts

  • Interpreting the Yield Curve
    55
    Please visit the souce :: http://econbrowser.com/archives/2014/09/interpreting-the-yield-curve-some-pictures   Recently Jim highlighted the odd behavior of the various Treasury term premia. Here are some additional thoughts. First, from “Debt market goes off script” in the WSJ: Yields on short-term U.S. Treasury debt maturing in two to five years hit the highest level since…
    Tags: year, economy
  • Tesla Gigafactory Production Exceeds 2013 Global Production
    53
    http://www.teslamotors.com/sites/default/files/blog_attachments/gigafactory.pdf
    Tags: global, economy
  • Collaborative Economy Honeycomb
    53
    Follow up of my post on BIG COMPANIES NOW HAVE A HAND IN THE COLLABORATIVE ECONOMY Here is one picture.
    Tags: economy, big
  • Greek debt tracker by FT
    51
    Greek debt tracker   As the government in Athens haggles with its lenders over economic reforms,Greece is running out of money. Here is what it owes in the upcoming months. http://www.ft.com/ig/sites/2015/greek-debt-monitor/
    Tags: economic, economy
  • Buffett's annual letter: What you can learn from my real estate investments
    51
    In an exclusive excerpt from his upcoming shareholder letter, Warren Buffett looks back at a pair of real estate purchases and the lessons they offer for equity investors. By Warren Buffett http://finance.fortune.cnn.com/2014/02/24/warren-buffett-berkshire-letter/
    Tags: annual, economy
FED, Trading, USA

When will FED rise the funds rate ?

Before the weak employent report of the 10 Jan 2014, traders expected the fed funds rate to average 0.45% in June 2015. That estimate is based on price movements in the June 2015 fed funds futures contract. Put another way, traders saw a high probability that the Fed would start a rate hike campaign by mid-2015. Now the expected fed funds rate in June 2015 is 0.265%, meaning a low probability of a Fed rate hike by then. This is an especially dramatic shift from last September, when the expected fed funds rate in June 2015 was 0.92%, which meant futures traders thought the Fed would already be a few rounds into a rate hike campaign by mid-2015.

Remember FED officials have been hammering home the message that “tapering isn’t tightening.” 

Related Posts

  • How Economics PhDs Took Over the Federal Reserve
    10000
    There was a lot of uncertainty and debate last summer and fall over whether President Obama would appoint Janet Yellen or Larry Summers as Federal Reserve chair. What wasn’t really up in the air was whether the new head of the world’s most powerful central bank would have a doctorate in economics.…
  • Fed's monetary stimulus turned to high ?
    10000
    Prior to the Fed's monetary stimulus at the start of financial crisis in 2008, the Fed held around $900 billion assets. Today the Fed's assets are $4.1 trillion and rising, but at a tapering pace.
    Tags: fed
  • When Will the Fed End Its Zero Rate Policy?
    66
    U.S. Treasury yields and other interest rates increased in the months leading up to the Federal Reserve’s December 2013 decision to cut back its large-scale bond purchases. This increase in rates probably at least partly reflected changes in what bond investors expected regarding future monetary policy. Recent research on this…
    Tags: fed, rate, expected
  • The Feds revised their interest rate forecasts
    54
    The Feds revised their interest rate forecasts late last month hoping to normalize them faster than many market watchers would have anticipated. The new forecasts are higher, the projections having being raised for 2015-2016. This is a good move for extremely low rates can negatively affect the job hunt and…
    Tags: rate, fed
  • #Yellen Suggests Roughly 6 Month Gap Before #Rate Increases After Bond-Buying Program Ends
    52
    Federal Reserve Chairwoman Janet Yellen on Wednesday said interest-rate increases could begin in the first half of 2015, around six months after it winds down its bond-buying program. The Fed, in its policy statement, said the benchmark federal-funds rate will remain near zero for a "considerable time" after its signature…
    Tags: fed, rate