The article says that consumers won't make mileage...

2007-01-05T09:56:00.000-08:00

The article says that consumers won't make mileage their priority if gas prices keep going down.

True, but it is completely irrational to expect gas prices to continue their decline for long.

The evidence points overwhelmingly toward gas prices that increase faster than general price & wage inflation. Indefinitely.

Nobody can predict the future with certainty. But we should expect Asian oil demand to continue growing at a healthy clip.

The talking heads typically mention instability in the Middle East & Africa as a reason for higher oil prices, and that IS a factor.

But the bigger factor is CHINA's exploding consumption of oil -- both for industrial production and as gas for the burgeoning middle class's automobiles.

INDIA, too, is rapidly increasing its consumption of oil, though at less of a breakneck pace than China.

When you have 2.5 billion people rapidly increasing their use of oil products, what does that suggest for the mere 350 million of us in North America?

That we (USA and Canada) need to reduce our consumption of oil products substantially just to keep total worldwide demand stable. The same goes for air pollution: we North Americans need to reduce our air pollution just to offset all the new pollution being generated by China & India. No time to waste.

That's one reason why this Republican is buying a hybrid AND supporting nuclear power.....

(i wonder if i can mount a gun rack on a Prius? ;)

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The article says that consumers won't make mileage...