Tipping Point of Fuel-Efficient Cars?
Here is this week's update from one of my favourite sites, 40MPG.org:WEEKLY UPDATE
TIPPING POINT ON FUEL-EFFICIENT CARS?
May 18, 2006: Ever wonder what it would take to get half of Americans to rush out on the spot and buy a hybrid or another fuel-efficient vehicles? Industry surveys show the "magic number" is $3.75 ... or even less for a gallon of gasoline. Remember the days when that price level seemed like a totally insane idea? ... With gas prices still going up, what might be called "bathtub ethanol" is now enjoying some popularity with the home-brewing crowd ... Congress is not alone in looking at proposals to reduce gas taxes; the idea also is catching on in state legislatures ... Small car fever is raging through the auto industry, with Honda thinking about scrapping the venerable Insight in favor of a cheaper hybrid car ... Just try not to smile when you read this: At least one member of Congress thinks that federal elected officials shouldn't be given an incentive to rent gas-hog SUVs when they go back to visit the "little people" ...
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12:45 AM
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