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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (229301)	4/14/2005 10:41:47 PM
From: tejek	Read Replies (1) \| Respond to of 1573031

Thanks, Ted. I hadn't considered the possibility that OPEC is essentially a paper tiger. In any case, whoever or whatever is controlling the prices will see its power negated by the shift to hybrids. Kind of like the temperature of ice as you gradually raise the heat. At the melting point, the temperature will level out as the ice melts. Once the ice is water, then the temperature will resume its rise. I would agree except there is an unknown variable.......how much oil is left in the world. In the past ten years, estimates of reserves have been lowered. What we do is that sometime in the next ten-twenty years production will be less than consumption unless steps are taken to increase production now. Hopefully, hybrids will make a significant impact. I expect that sales of hybrids have increased dramatically in the past six months. From a recent article in Australia: "Last year Prius - a car which, if running slowly, can use the electric motor alone - achieved its strongest sales with 1094 cars sold, an increase of more than 350 per cent over the 2003 figure of 292. Last year 229 Victorian motorists bought a Prius. So far this year, 58 have been sold. Toyota's national manager of marketing operations, Andrew Caie, said the low fuel costs and technology of hybrid cars were a selling point. Honda hopes to sell 30 Civic Hybrids this month. Last month it sold 20. Sales of V6, V8 and four-wheel-drive petrol guzzlers have fallen, with Ford Falcon sales falling 3235 this year compared to the same time last year. It's the same story with Holden's Commodore (down 1903), Toyota's Land Cruiser (down 52) and Kluger (down 65). Only the four-wheel-drive Prado recorded an increase - up 237 sales. Toyota said there was a three-month waiting list for Australians wanting to buy a Prius." theage.com.au