Rising gas prices making auto consumers skittish
Small car interest increasing, for nowA new study suggests that consumers are paying close attention to the rising cost of gasoline, and that attention is having an impact on auto purchases. Many consumers are downsizing their engine, or even moving into smaller cars.
Others, however, are waiting to see if these higher gas prices are sustainable. If not, another swing back towards larger vehicles is expected.
Still, without $3.00+ gas prices for at least a year, should anyone expect a fundamental product change from US automakers?
Labels: gas prices
posted by Dahcredyns at
8:36 AM
4 Comments:
We need higher taxes on gas to push efficiency and reduce demand for oil.
At the same time this extra revenue needs to go towards research into battery and renewable Energy technology.
There is not enough oil to last forever.
There is too much smog, too much asthma, too much cancer, too much war.
Anonymous, I agree. One would hope that at some point the American consumer would realize that consuming large quantities of gasoline for the routine transportation of a single individual is unsustainable. I guess we, again, need government intervention to save us from our selfish nature!
People in the US need to get their balls squeezed a bit so they can be humbled.
No doubt the people are not going to act of their own accord on this issue. I wonder, however, if Obama made his focus foreign oil dependency in the short term, rather than cap&trade, if that would help move things along.
Cap&trade simply doesn't resonate today in America. Every survey on foreign oil dependency, however, indicates that almost all Americans are concerned about this.
Why not rally around this issue? Why not use this unifying issue as an impetus for real, effective change?
Otherwise, it seems, Noz's solution might be the only way forward.
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