At the MSRP of $43k for a VOLT, the price of gas has to be over $10/gallon. If BO really wanted to push the VOLT instead of tax credits, simply give GM a bailout of $23k for each VOLT sold. This wouold have lowered the VOLT to $20k and the roads would be full of them, especially for those people that drive a very short distance each day. (less than 35 mile round trip).
This would be a terrible solution.