By x363464 - May 16, 2013
Disclaimer: The views expressed here are not the official position of the IWW (or even the IWW’s EUC) and do not necessarily represent the views of anyone but the author’s.
In 1950, Chevron, General Motors, and Firestone were charged and convicted of criminal conspiracy for their part in the General Motors streetcar conspiracy. In this scandal they purchased streetcar systems all over the United States in order to disassemble the industry and create bus lines. They did this to increase the demand for petroleum, automobiles and tires so that they could directly receive business and profits from their scheme. Later Chevron began investing in alternative industries such as lithium car batteries. Chevron began to be limiting access to large NiMH batteries through its control of patent licenses. Many suspect they did this to remove a competitor to gasoline and suspicions were affirmed when Chevron began a lawsuit against Panasonic and Toyota because they started producing EV-95 batteries for electric cars.