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

To: SiouxPal who wrote (391558)	6/16/2008 7:34:10 PM
From: i-node	Read Replies (1) \| Respond to of 1575545

>> A goal for our future. Hard to attain, but a good site to aim for. Well, getting rid of ALL FF is not going to happen -- but getting rid of enough of the demand to make OPEC feel it IS doable over a 5-10 year horizon. We replace 16M cars a year. With gas prices in the $6-8 range, OEMs will dramatically increase the number of hybrids/electrics with a corresponding decrease in straight gas fueled engines. It won't take that long to make a meaningful impact on world oil prices. The predictions, of course, are that China will take up the slack. However, gas is not going to be cheap in China, either -- and while these people are scrounging to buy cars now, keeping them fueled will be as big a problem for them as for us.