Quote:
Originally Posted by Angry
It's about time though. I am tired of driving through the City and choking on exhaust from old vehicles and trucks.
I wonder what impact this will have on gas prices though. Part of me thinks that they will get cheaper (supply and Demand), but because people will be buying fuel less frequently I get this feeling that the prices will increase so that oil trycoons can maintain their operating costs. Eventually the oil companies are going to have to downsize or face bankruptcy much like the auto industry.
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Oil companies aren't to blame for gas prices as much as the cartels that own the oil. Actual oil companies would lower and raise costs according to demand a lot more if they got their product through a true market but oil prices are price-fixed. So prices probably would go up when demand went down and eventually we won't have to care about the middle east anymore because we wont need their oil. It has always been the paradox for OPEC. Fix the price higher and higher to make more money but at some point they'll fix it high enough to put themselves out of business.
In any case I am glad Chevy has this basically ready to go. We desperately need more vehicles like this. Imagine if we actually eliminated all the current cars on the road in like a 15 year period. Amazing. We could do it if we really wanted...and that'd be a stimulus that would truly help our manufacturing. As long as we stayed on top of the technology and didn't let Toyota and Honda get back ahead of us.