Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (166333)	11/22/2008 1:00:41 PM
From: Lizzie Tudor	Read Replies (1) \| Respond to of 306849

The point is that our imported oil is not representative of true demand. People demand to drive, that is true but they do not demand to drive the largest SUVs that border on semi trucks. The reason the market for SUVs is what it is is largely becuase of the massive tax credits and lobbying Detroit has done to push these on the American consumer. Consequently, the "demand for foreign oil" is increased beyond the core consumer demand. The demand is there, but it comes from US auto makers. The amt of energy required to power an escalade is much greater than that which is required to power a fisker. For one thing you need to look at the miles per hour of gasoline equivalent for electric vehicles (there is lots of info on wikipedia on this). en.wikipedia.org