A video by Plug-in Partners promoting the many benefits of Plugin Hybrids Electric Vehicles. If the current U.S. vehicle fleet were replaced overnight with PHEVs, oil consumption would decrease by 70 to 90 percent, eliminating the need for oil imports and leaving the U.S. self-sufficient in oil for many years to come. Even if the electrical power for those vehicles were drawn from coal-fired power plants, CO2 emissions would drop by more than half. If the power were produced by renewable energy sources, and the fuel in the tank were biodiesel or ethanol, the proposition gets exponentially better.