Remember all the bravado that Bob Lutz unleashed when we got our first glimpse of the Volt back in early 2007? Lutz has been the car's biggest champion since then, but he's thinking that there could be some tough news coming soon for this kind of technology. While the Volt is not named in an interview with Lutz by the LA Times that was published last week (so don't go starting any rumors), Lutz was pretty clear-eyed about what the recent dip in gas prices could mean: "We may hate high fuel prices, but they've been driving us in the right direction when it comes to fuel economy. If we suddenly went to $1 or $1.50 a gallon, that would be really bad."
This is not a new topic, and we're in agreement with Maximum Bob on this one. We've written as much plenty of times, and we often refer back to this interview with David Cole where he talks about the benefits of an oil price floor for a barrel of oil. He suggested $40 or $45, but that was back in June 2007; more recent estimates I've heard from others put a reasonable limit at $60 or so. Whatever happens with oil prices, we can be pretty sure that a lot of old habits will return if gas keeps dropping. What will you change?
[Source: LA Times]
This is not a new topic, and we're in agreement with Maximum Bob on this one. We've written as much plenty of times, and we often refer back to this interview with David Cole where he talks about the benefits of an oil price floor for a barrel of oil. He suggested $40 or $45, but that was back in June 2007; more recent estimates I've heard from others put a reasonable limit at $60 or so. Whatever happens with oil prices, we can be pretty sure that a lot of old habits will return if gas keeps dropping. What will you change?
[Source: LA Times]
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