10 August 2005

That 1980s show

Someone on CNN yesterday made the comment that current fuel consumption of the average automobile in the U.S. has fallen below 1980s levels. So much for the technological fix that we've been waiting for during the last quarter century. The statistic brings to light the way that corporation-run governance utterly fails to deal with pressing problems that in a more perfect world would be entirely amenable to proper leadership. Instead we get the Shrub energy plan--heavy on pork but completely lacking in vision.

5 comments:

Gun-Toting Liberal said...

Oh, the plan has "vision" alright. Visions from big oil's salivating execs who are probably trying to figure out who on the staff gets the biggest slices of their share of the $14B "pie" in their expense accounts.

Don't look for solutions to the oil crisis from big oil... kind of a conflict of interest there. Blog ON...

Glen Dean said...

I don't buy that report Karlo. In fact, I think it is totally wrong. Also, it does not take into account fuel consumption in China. Crude operates in a world market and demand for crude oil worldwide far exceeds anything in the past. As far as the United States is concerned, it is still BS. People are driving much bigger automobiles than they drove back then and they are driving more of them. High energy prices are a direct result of economic prosperity, both in America and in Asia. Markets are dictated by supply and demand and in most cases, demand adjusts when prices are increased. After demand is adjusted, prices will go down. The only problem is that we are not consuming any less, in spite of high gas prices. That is living proof of a vibrant economy. If this economy was not so strong, high gas prices would kill it. But it hasn't.

Karlo said...

If the market was so good at creating oil, U.S. troops wouldn't be in the Middle East right now. I think we have to look at all the consequences of oil dependence--to include foreign policy implications and environmental effects

dailyread said...

That "Fair and Balanced" statistic can probably be explained by the fact that many vehicles (mine included) rarely leave the driveway since it has become cost prohibitive to drive anywhere I am capable of walking.
I imagine that many other households throughout the country have also discovered joy-walking.

Karlo said...

I'd walk or ride a train or bus if one was available.