<DrumBeat: February 11, 2007 The Oil Drum C2C – the Emerging Energy Technologies Summit – day 2>

364 comments on The Auto Efficiency Wedge

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BrianT on December 20, 2006 - 9:54am Permalink | Subthread | Parent | Comments top
Memmel: IMO, in the short term you are correct.Gasoline use in the USA is an addiction, and addicts will always cut back on other expenses before cutting back on their drug of choice. Dramatically higher gas prices will be difficult for the other sectors reliant on consumer spending(i.e. WalMart).
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InfinitePossibilities on December 20, 2006 - 2:36pm Permalink | Subthread | Parent | Comments top
You overestimate the importance of Walmart for the US economy. Walmart does not produce ANYTHING. They simply buy in China and sell in the US. You could replace them with an online  Chinese import/export company and get the same effect... cheaper.
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BrianT on December 21, 2006 - 8:59am Permalink | Subthread | Parent | Comments top
Infinite: I should have mentioned Ford and GM.
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InfinitePossibilities on December 21, 2006 - 2:47pm Permalink | Subthread | Parent | Comments top
Ford and GM are both great examples of companies you don't want to work for... other's would be United and Enron. The problem with either of these is that management only cares about short term success to satisfy stock owners and has absolutely no long term strategy. The US does not need any more of these companies. Let them die... and make room for new players with better management. I do not care if they are called Toyota and Honda as long as they employ people, pay taxes and don't need to be bailed out every other decade.  
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364 comments on The Auto Efficiency Wedge

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