Wednesday, January 24, 2007
Future gas prices
Everyone seems to be so excited about the upcoming hybrid vehicles. It is thought of by most that gas prices will be insignificant if you have a car that gets 40-50 miles plus per gallon. It is my prediction that as soon as 60 percent of the vehicles on the road become hybrid, then gas companies or gas stations will hike prices to contend with the fact less gas is being purchased. Just because you don't buy as much gas, when you come back to the station and have to pay $6.00 per gallon you will feel the crunch. As well as the fact that hybrids are so much more expensive that gas powered vehicles. Some of the vehicles that have outstanding gas mileage are a quarter of a million dollars. A car like that will have to be driven for 40 years to get your money's worth. I guess only time will tell.
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