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  1. Oil Industry Bailout. EV's No!

    Politics, Finance, and Environment
    President Donald Trump said: "The energy business is very important to me, and we're going to build it up." The U.S. federal government could use some of the $2.6 trillion coronavirus rescue legislation, or other options to help the industry. Coal companies like Hallador Energy Co are already...
  2. Taxpayers Make $1Billion on GM Stock

    Chevy Volt General Discussion, News, and Events
    Taxpayers will take in $1.03 billion in proceeds from Thursday's planned Treasury Department sale of General Motors stock. The sale of 30 million shares was planned to coincide with GM's return to the S&P 500 on Thursday. Treasury said that it would sell the stock at $34.41 per share. Of...
  3. Kiss the American auto industry goodbye

    Politics, Finance, and Environment
    In a 2008 NY Times OpEd titled "Let Detroit Go Bankrupt", the writer stated that the auto industry's "demise will be virtually guaranteed" if there is a bailout. And "the automakers will stay the course — the suicidal course of declining market shares, insurmountable labor and retiree burdens...