A Yale University management professor in response to student Fred Smith's paper proposing reliable overnight delivery service: The concept is interesting and well-formed, but in order to earn better than a 'C', the idea must be feasible.

Only electricity can give the transport sector the flexibility to switch fuels when one or more become too expensive.

If you look historically, what creates growth and wealth is innovation and investment, and increase in scale - more customers.

There is no free market for oil. It's controlled by a cartel, OPEC.

Fear of failure must never be a reason not to try something.

I am not someone who tends to advocate for increased government involvement in the private sector.

Beginning in 1973 and then acts in '77, '78, 1980, 1994 and then into the 21st century in the international arena, governments have steadily gotten out of the transportation business.