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Old 03-08-2012, 9:49am   #23
VatorMan
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Well, valid points on both sides. I will say that cheap(er) fuel sells Large SUV's, Hummers, etc... Not much innovation or incentive to improve those gas monsters. High gas prices, small fuel efficient stuff.

Americans have short memories. The oil embargo of the 70's was quickly forgotten and it was back to the norm-bigger is better. Tax breaks,subsidies, and .gov driven initiatives pay off.

It wasn't long ago that the only reason people bought Prius's around here was so they could drive in the HOV lane with one person. A simple plan that cost no one any money, but yet encouraged people to buy fuel efficient vehicles.

It has always been easier to buy/ build overseas due to the US's NIMBY policies driven by the EPA. I think it's been 25 years since the last refinery was built.
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