maybe the last hold-outs in Garrett County will also accept this and change their behavior.
See yesterday's news story on GM's SUV and truck plant closings here.
It also seems as if the news that Americans are finally moving away from gas guzzlers to smaller more efficient cars is having a dramatic effect on the price of oil (down 10% from its recent high). Imagine that, we indicate we are going to take steps to strengthen the dollar and consumers shift purchasing behavior and oil prices drop. A novel concept.
In the wake of yesterday's news from GM a number of national columnists have penned their own views on related topics. In today's New York Times, David Leonhardt discusses the lifetime cost of ownership of various vehicles and in today's Wall Street Journal, Joseph White, makes an interesting comparison of the relative fates of the markets for over-sized SUVs and houses.
Don't forget to check back to Dan's Deep Creek Blog for future updates.
Wednesday, June 4, 2008
Now that GM finally recognizes that oil and other fossil fuels have a finite supply ..
Labels:
conservation,
energy,
GM,
New York Times,
Wall Street Journal,
weak dollar
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