We can create a lot of business in the renewable energy and “going green” industries. I’ll also assume you are aware of the massive shift in consciousness sweeping across our nation brought on mainly by the unstable price of oil. You don’t have to be an economist to understand the effects a $4.00 /gal tank of gas has on the average person.
Have you ever taken a walk over your employer’s parking lot and counted the “SUVs” and the gas guzzlers sitting there?
Now if you then see that the person driving it is a single male or female, does not even have a Family to care for. But he/she defiantly has a “ride” to show off with! WOW –
If you now count the average commute is 40 miles daily – and you see 1/3 small & medium size cars and the rest of them are out sourced army tanks like the guzzling monsters, which only get 10-12 (maybe) Mpg. – So that ends up being a waste of fuel for more then 75 % that does not need to be, where is the future here?
Well here is the proof that we are very good at wasting!
ASSOCIATED PRESS (The Boston Globe) — Crude oil inventories plunged last week as Americans took to the road for the busy summer driving season, the government said Wednesday.
Crude inventories dropped by 4.4 million barrels, or 1.2 percent, to 361.6 million barrels, which is 19.9 percent above year-ago levels, the Energy Department’s Energy Information Administration said in its weekly report.
Analysts had expected a boost of 800,000 barrels for the week ended June 5, according to a survey by Platts, the energy information arm of McGraw-Hill Cos.
Gasoline inventories slipped by 1.6 million barrels, or 0.8 percent, to 201.6 million barrels, which is even with year-ago levels. Analysts expected stockpiles of the motor fuel to rise by 1.1 million barrels.