Wednesday, August 31, 2005

$3.00 gas, oil and hybrid cars

Gas is surging beyond $3.00. Is it making you angry? Then buy a hybrid car. Force GM to move some of its $3 billion dollar marketing budget into bringing hybrid vehicles to market faster.Back in March I predicted that gasoline prices would top $3.00 in California before year's end. Now gas prices are surging over $3.00 not only in California, but Nation-wide. While some of these price increases will be reduced, the possibility of another Katrina this year is very, very possible. Even worse, the next several years are supposed to be very bad hurricane seasons.

Because of this, and terrorist threats against America's foreign oil need, I called oil America's Achilles Heal on Monday in my post, Katrina Demands hybrid vehicles.

I'm sure that back in March very few people believed that gasoline might hit $3.00 per gallon. I'm sure that very few people that bought huge GM SUVs during GM's Employee Discount special thought they would be paying $3.00 per gallon just a month later. I'm sure they will start wondering how much they really saved when they fill up their gas hogs now.

I'm also sure that the owners of hybrid cars are feeling a little better about their investment in fuel efficient technology. When gas is around $3.00 per gallon, hybrids become very cost competitive compared to conventional vehicles.

More important, oil is the greatest threat to America's economic and national security, and American consumers must demand that American corporations do something about it, especially companies like Ford and GM.

Hybrid technologies offer solutions today. What are we waiting for?

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