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Strategies & Market Trends : Rande Is . . . HOME

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To: KevinThompson who wrote (28091)6/21/2000 8:07:00 AM
From: Rock_nj  Read Replies (2) of 57584
 
You can't blame the rising gas prices on reformulated gasoline only. Certainly the demand for gasoline, partly due to all those small trucks and SUVs sold over the past decade, is driving the price higher. The Republican congress has suspended the governments effort to raise gas milage CAFE standards since 1995. That isn't a good move if we want to use gasoline more efficiently and keep our cars competitive in the world market.

Now that some in congress are trying to reinstate the CAFE standards to raise gas milage, they are running up against resistence from representatives from the auto states; their rationale being that raising the CAFE standards will somehow lead to job losses in the auto industry. They've got it all wrong! Next time I look for a car, I'll be looking at gas milage much more closely. If the American made cars offer sub-standard gas milage, I'll probably opt for a foreign car and that will mean one less car that Detroit sells.

I'm actually hoping that by the time I'm ready for a new car, there will be fuel cell cars on the market that offer significantly better milage (like 80 to 100 miles to the gallon). Imagine how well fuel cell cars would sell in the current market? If you could get 2 to 5 times the distance on a single tank of gas in a fuel cell car, it would make fuel cell cars much less expensive to operate than conventional IC cars, and make them very attractive to new car buyers.

It looks like the 2002 model year might feature the first line of commercial fuel cell cars. I figure by 2005 they should get it right and fuel cell cars will become a major force in the automobile market. Let's hope that Detroit takes note and is ready to offer their own line of fuel cell cars, so the Japanese and Europeans don't dominate the market.
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