What I don't get is with the high price of gas people still drive like idiots. It'* amazing how many people still rip down the highway at 80MPH in a big SUV. I decided last year to drop from about 78-79 to 75 and I get about 2 MPG better. And it only costs me a couple extra minutes of driving. I can shave a couple more MPG if I drop down to 70 MPH.
You know what sucks about all this? I was at a talk by the head of Oldsmobile in 1997 at Michigan State where he basically said, "hey we know its coming, but the government will have to force us cuz we're making so much money off of SUV'*". This is what drives me insane about US automakers. They know something is going to happen and let Toyota take the lead. Innovation and market resilience means planning ahead and looking at the market 10 years out, not next year. We have the best automotive workers in the world and the worst management ever. GM, Ford and Chrysler saw this coming in the late 90s as they watched the emergence of China. And what did they do? Fought CAFE standards. Had they been innovative instead of resistant and conservative they may have been able to reposition themselves and in the meantime save thousands of Michigan jobs. No, the CEOs and COOs decide to bank on short term gains because that gets them huge yearly salaries. Thanks guys. The ways management has screwed the workers.... classic.
1996 SSE Silver Toupe
2004 GXP Crimson
1992 Nissan Sentra
(Goners) 91 Grand Am LE; 91 Grand Prix SE2; 95 Grand Prix "Special" Edition
Question, at 8-10 bucks a gallon, who will be able to afford it? Not very many people. At least not near the consumption we've had. Supply will exceed demand, and the prices will fall.
Did you know the federal gov't estimates there are 112 BILLION (with a B) barrels of oil located domestically? That'* enough oil to power 60 million cars for 20 years. Unfortunately, the moratorium President Clinton signed in '95 bars access to 85% of that oil. It'* a pity the people (politicians) who supposedly care about the average American, and alleviating burdens or whatever, don't care enough to actually do anything about it.