Enjoy your SUV's suckers.
I actually would like to own the new Ford Escape Hybrid; I really dig the hybrid cars out there now.
The problem is that my Pontiac Aztek cost 14,000 dollars, and the Ford Escape Hybrid costs $26,500 bare naked.
As much as I'd like to own a hybrid vehicle (especially an SUV) here in the midwest, I can't afford to pay double or more for a car just because it's a hybrid.
Maybe this will provide enough push to get alternatives off the ground. We really need to be free of OPECS shackles.
If gas goes from $2.00 to $2.50 a gallon then the cost per year to fuel my Ford Explorer will jump by a whopping $375. I guess I'll have to sell my house, tap into my retirement, and get a second job to afford the increase. < / sarcasm >
So how does one explain the disconnect between the expectations that the world economy will continue to grow and OPEC's statement that they have enough oil production to meet demand and that they expect oil prices to drop in 2006?
Maybe it's not SUV's, the station wagon of the 90's/00's. Maybe it's market speculation and dollar devaluation. The oil producers want more of those devalued dollars for each barrel. Even the speculation could be tied to the expectations that further dollar devaluation is expected.
I do.
No problem, I will.