I've started ordering components for e-bike #2. This e-bike will include all my current enhancements and will be the model for the prototype battery carrier. The rate at which I will be able to install all the modifications will be much, much faster since I made all the errors and fixes on my first e-bike.
If you've been following the news, relationships with the Middle East have gone from bad to worse. The IMF had predicted a doubling in oil prices within ten years (http://www.youtube.com/watch?v=4ZmJK...ure=plpp_video) but with the Fed's new buyout the doubling in oil prices could happen much sooner per this article: http://peakoil.com/business/bofa-see...and-190-crude/
The majority of the oil geologist believe we will realize the downward movement in the oil production bell-shaped curve in 2014-2015. We have been in the "easy oil" production decline since 2005-2006 and instead on a plateau with the unconventional oil (tar sands, shale oil, etc.) filling in the discrepancy. All the major oil fields around the world are in decline. The majority of them started production in the 1950s and 1960s.
What does this all mean? Our current vehicles will need to have mpg's in President Obama's 2025 efficiency standard in the next two years. This is impossible.
If you've been thinking about getting an e-bike or purchasing the Papamotor kit as many on this thread have done. You're running out of time.