The introduction of “hybrid” cars and trucks — combining internal-combustion engines and electric motors — promises fuel efficiency gains of 10 percent to 50 percent based on accessible technologies. But it’s also a myth that by simply issuing tougher governmental fuel standards will bring instant relief.
We have to look at the fuel efficiency of the cars and trucks we are driving and that will determine how much or how little fuel we are using in the future. And, of course, when we are using less that will create massive surpluses which traditionally will drive the price of gasoline down and it is the only way to get cheap gas prices back again.
A disastrous Hurricane revealed that we are extremely at risk to any key reduction in oil production. With gas prices souring since the Katrina disaster the phrase “cheap gas” is as dead as the dinosaurs. The Hurricane Katrina was a natural tragedy, of course, but the bigger danger is a political one. Astonishingly enough, two-thirds of the worlds establish oil coffers lie in and around the Persian Gulf region; these countries, now supply about a quarter of today’s oil.
This flow of oil may possibly be broken up […]

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