Those claiming "big oil" intervention in the development of simple technology are following a pretty extreme conspiracy theory. Do you really think Western oil companies control every single country in the world, including Russia, China, Iran, North Korea, and Venezuela? Or are their people simply too stupid to figure out compressed air?
Energy can be stored in a variety of ways, but the energy still has to come from somewhere. Compressed air sounds like a good solution for some who have access to cheap electricity and can't afford a high initial cost. If I had to drive a 1000 lb glorified golf cart around, I'd still rather have a little gas engine at this point. Think of the fuel economy you'd get if you didn't care about refinement, luxuries, or collision safety!
Energy can be stored in a variety of ways, but the energy still has to come from somewhere. Compressed air sounds like a good solution for some who have access to cheap electricity and can't afford a high initial cost. If I had to drive a 1000 lb glorified golf cart around, I'd still rather have a little gas engine at this point. Think of the fuel economy you'd get if you didn't care about refinement, luxuries, or collision safety!