Gas prices hurting SUV sales - Mar. 12, 2005
Hmmm. Let me think. Sport utility vehicles consume mass quantities of petroleum-based fuel. Petroleum-based fuel is a dwindling resource, fated to produce fewer amounts until it's either all gone or too expensive to produce anymore.
And people are starting to get this fact. Why, you might even say that gas prices are hurting SUV sales. The writing is on the wall: we are approaching the end of the age of oil. Prices aren't going to go down, and oil isn't getting any easier to locate or refine. In a world where a gallon of gasoline is approaching $2.50, you can imagine that auto manufacturers aren't going to be able to give their gas-guzzlers away.
And the auto industry, like the airline industry before it, is going to go crying to Uncle Sam to bail them out of their financial malaise. And I have the feeling that no presidential administration is going to seriously approach the imminent need for alternative fuel sources for at least another 10 years. And by then, it will be too late.
Next year will be too late.
Tomorrow will be too late.
Because now is already too late.
1 comment:
It's not really too late. There's more oil in the world then most people realize, and the oil companies have a vested interest in making you think we're running out. It's not as bad as, say, diamonds, but we already know the location of enough oil to last the next 250 years, at least. Plus, we don't know where all the oil is yet. There are places in northern Canada and Siberia that we've barely explored because of the inhospitable environment, but we know there's a bunch of oil there, too. Gas companies just want you to think it's a rare commodity, so they can charge $2.50 a gallon for it. And the only reason they can do that, is because people are stupid enough to pay $2.50 a gallon for it.
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