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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (8446)1/24/2003 2:35:37 PM
From: GraceZRead Replies (1) of 306849
 
As long as oil is as cheap as it is there is little or no incentive to make a really fuel efficient car.

Years ago when Toyota first tested a hybrid that had really high fuel efficiency I happened to meet a guy on an airplane who said he was an auto industry consultant. I asked him if hybrids were going to be the next big thing. He looked at me with total disgust and said, "No, bigger more luxurious, more expensive SUVs are the future. It's what people want and it's what the auto companies want to sell because they make so much money on them. Nobody cares about fuel efficiency in a world where gas is under a buck."

Just recently, a friend of mine and I were talking and he said something about there was lots of money but nothing that needed to be done with it. I said I could think of a few things, "I'd like to see a synthetic alternative to gasoline that was cheap to produce and clean." He said, "Be careful what you wish for because the entire economy is built around oil." Then he added, "You have a cheap alternative to traveling, fiber optic cable." That's when it hit me that instead of a cheaper way to move atoms, we should be moving bits a lot more frequently. Everything my little business manufactures eventually ends up as bits at one point. With a high speed reliable network I'd never have to drive 30 miles to work again.
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