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And to add more misery to our already thin wallets, when and if the economy recovers, we will have to start paying for the massive debt we have created all but overnight, its name being INFLATION, and an ugly beast it will be.
Be it the direct cost of a gallon of fuel, or indirect by way of taxes, there is no doubt that the cost of driving our vehicle will undoubtedly double, perhaps triple in the coming years.
In Europe a gallon of fuel is well over $6 or higher. The majority of this is taxes. Meanwhile, cars achieve in excess of 40 miles to the gallon.
The days of the "Big American Car" are likely over.
More revolutionary than "fuel efficient" will be vehicles powered by Fuel Cells and Electricity, technologies that exist but are not readily available, and perhaps, by technologies unrecognized.
Fossil Fuels have but one place to go,.... the Museum, and the sooner the better.
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