View Single Post
Old Jun 10, 2008 | 05:55 AM
  #60 (permalink)  
Franc Rauscher's Avatar
Franc Rauscher
Senior Member
Joined: Mar 2008
Posts: 8,505
Likes: 1,136
From: St Louis MO
Default Re: Gas Crisis in the Late 70's

I have posted articles about the Volt. Two points, 2010 is two years away and production will be limited. Most cars will be destined for Ca as they have mandates.
I don't think Americans should have to wait two or three years of $4 and$5 per gallon fuel and hope the Volt and the Prius and Motorcycles will put pressure on the oil market.
The price of oil i s very high right now because of speculators inflating the market. And the market will sway wildly in response to rumors and fear about global and local conditions. At the moment political unrest, weather, rapid growth in the far east are forcing prices up. Nothing is pushing it down, not even a glut of oil on the market. When was the last time you saw gas lines at the pump?

I would humbly suggest this idea. That the knowledge that we would begin drilling here in America, as we develope alternative technologies to rid ourselves of the stranglehold of foreign oil, would just as rapidly send prices the other way.

Foreign producers are killing the goose thinking China and India will make up the difference. So far they are right. The goose should quit b*tching and figure out how to feed itself.

roadster with a stick
 

Last edited by Franc Rauscher; Jun 10, 2008 at 07:04 AM.
Reply