$5.00 gas!! Blame the gas-guzzlers?
Boone Pickens told CNBC today that he would not be surprised to see $5.00 gas this summer.Almost unbelievably, this prediction was made on the premise that nothing new would happen to the oil market. Thus, if problems get worse in Nigeria, Venezuela, or Iran, prices could hit even higher levels, and there is always the possibility of hurricanes in the Gulf.
Mr. Pickens also noted that gas prices have to go up. American demand for oil is simply too high, according to Pickens. Thus, the only thing that will have any effect on gas prices in the short term, is less gas demand.
Good thing Americans still love their gas-guzzlers.
Since gas-guzzling increases oil demand, which increases gas prices, do Americans that drive fuel efficient vehicles - such as hybrid vehicles, biodiesel, or small cars - have a right to be angry with people who guzzle gas?
Labels: Hybrid Vehicles
posted by Dahcredyns at
12:47 PM
2 Comments:
We have the automobile companies to blame for the gas guzzlers of today. Why is it that the technology to make cars run better and more efficient goes out the window when it comes to our fuel tank? Over 50 years has gone by and we are still driving cars that get the same gas mileage as our parents did. This needs to end and we need to make changes in the way our automobiles use the fuel. It is so inefficient it’s not even funny. Our cars would last longer if the engines ran off of fuel vapor rather than a fuel mist, saving us 100's at the gas station. We need to take steps to ensure that the future generations of vehicles take every advantage of the technologies today to be more efficient. If you want examples of these all you need to do is look at the patent office to see the technologies that where created for this industry. Where did these fuels saving carburetors end up over the years. Are we headed towards another fuel crisis like the 70’s?
Let's hope not, but it isn't looking good so far.
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