Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (69397)	5/24/2004 10:28:58 PM
From: Skeet Shipman	Read Replies (1) of 94695

Hi Bill, The present oil and gasoline crisis is a direct result of the changes in energy policy and legislation enacted under the Bush administration. They stopped the required increase in mileage/gallon requirements and the incentives for hybrid automobiles. This has let to large increases in US gasoline demand. This has been both a failure of legislative control but also a failure of Detroit's power and SUV fixation and advertising. The average mileage per vehicle sold has been declining. The hydrogen policy was an intentional misdirection of energy policy by auto, oil, and administrative interests. Unfortunately, energy policy has always been evaluated politically instead of with sound engineering logic. Skeet

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