Last summer, when fuel prices were at their record peaks, interest in hybrid vehicles and smaller cars was also at an all-time high. With the introduction of the Chevy Volt tentatively scheduled for late 2010, perhaps it's not so surprising to hear that GM, once a major detractor of artificially high fuel prices, is now singing a new tune.
Still, it seems unlikely that the government would raise the gas tax in the midst of a recession. After all, it's much easier for legislators to direct a mandate at automakers to produce more fuel efficient vehicles without worrying about whether consumers will be motivated to buy them.
[Source: Washington Times, Photo by Bill Pugliano/Getty]