Ed House

Chevron: Rising Revenues and Analyst Estimates

Chevron could really break out of the pack if it licensed the patents it purchased from GM for GMs plug in electric car the EV1. Chevron owns all of the patents including the NiMH battery technology. Unlike lithium ion batteries, NiMH batteries do not overheat so there is no chance of fire. It's common knowledge that Toyota can't add a plug to their Prius because of Chevron's patents. Once Chevron licenses these patents to the automakers the sky is the limit as far as the share price is concerned, and the energy crisis and global warming would be averted. Chevron would be a corporate hero.