While it’s nice to have gas prices low right now, they’re going to go back up. And while everyone with gas guzzlers are taking a $40 a week raise [from not having to pay for gas], those hurtful days are going to come back and when they do they are going to probably be worse than it was previously.
The oil barons are not making the money they want to and Dubai needs a new mountain so they can snow ski.
Follow the jump for more…
But I’m exceptionally happy to see one company that is staying the course and not losing site of their goal; it’s pretty obvious- a fuel independent vehicle; Powered by the sun. While the current ones get 48mpg, the new ones could be even more efficient; surely they will because that’s how technology works. With all the developments as of late, I can foresee the automobiles of the future being the battery backup for your home with a standard plug. With a solar panel, battery and a fuel burning engine as a backup, it makes perfect sense.
The working class consumers are not the only ones benefiting from hybrids and this evolving technology, bigger corporations are recognizing the huge benefits of alternative power sources. Diesel engines are far more damaging to the environment then gas engines. Companies that use these diesel engines and looking to save money and stay clean in the environmentalists eye are adopting these technologies.
An example of this is FedEx has an effort to convert their delivery trucks to hybrids. What better opportunity for freight and delivery services to use the surface of the trucks for solar/hybrid power and see if they can’t save a couple of dimes; seems like a novel idea. You would think that all the trouble the auto industry is in right now, they would have tried to use their brain more effectively and save a few dimes themselves [couple million dimes].
It’s interesting to know that technologies out on the market now allow for current gas engines to get anywhere from 30-60% better gas mileage by using water/hydrogen systems to supplement the octane. When a vehicle is running/idling, a large percentage of gas is not even burned; it goes right out the tail pipe. The majority of fuel is used on take off. If the various makers of the vehicles recognize the combination of these systems, they could really make a huge impact on everyday consumers and the oil barons would be driving a Hyundai instead of a Roles Royce [I’m exaggerating of course].
Investing in a vehicle using hybrid technologies will cost more. Those cost are offset by credits, tax incentives and lower fuel costs; here’s some information.
While I don’t have a hybrid vehicle, this doesn’t mean I don’t want one, but I look at it this way; when flat screen TVs came out they were quirky, buggy, picture quality wasn’t great and the prices were astronomical, but now everyone is doing it- it’s common place and the prices and features have become acceptable to just about all the consumers. Everyone is just about willing to give x number of dollars for a big flat screen TV. This didn’t happen over night and neither is hybrid vehicles.
The brave souls that have hybrids now are paving the way for others, whether they know it or not. They’re the beta testers of their era, and we are going to see big changes in the next 10 years. Alternative fuels, technology and independence from fossil fuels is going to power a revolution and I personally look forward to it.