The following discussion is from here:
http://boards.fool.com/Message.asp?mid=20793352&sort=whole
The following was posted in an earlier thread. I was stuck by how the following two paragraphs define the real problem to me. Read on and see if you agree:
"Remember that in the early 70s your basic muscle car got under 10MPG. My 1990 Mustang 5.0L got 24MPG. Start using the technology that was described by International Semiconductor to use a combination of turbo-boost and electric motors in conjunction with smaller engine blocks and the efficiency can jump again." - Bozob
"In 1973 OPEC supplied something like 60% of world oil supplies. Now they supply 40%. Their importance in the world is slowly diminishing. It may take another 3 decades or so till their import is significantly less, but it will happen." - Bozob
In both paragraphs, the writer shows where we are our own worst enemy and OPEC is it's own worst enemy. We both are restrained by our own best interest. This is what makes Democracy so beautiful once we understand it. Let's start with "us" and Bozob's first thought from above.
The fight to find better fuel economy has limited effectiveness when balanced against speed and comfort. Americans want to have the freedom to move about as we please in the greatest amount of comfort. This is only possible with unlimited energy. We want the have the comfort of a big car while we are constrained by its loss in fuel economy. Conversely, we want fuel economy to save our money but we demand a roomy vehicle with the ability to get from point A to point B quickly. We are caught between the rock and the hard place.
( Read more... )
http://boards.fool.com/Message.asp?mid=20793352&sort=whole
The following was posted in an earlier thread. I was stuck by how the following two paragraphs define the real problem to me. Read on and see if you agree:
"Remember that in the early 70s your basic muscle car got under 10MPG. My 1990 Mustang 5.0L got 24MPG. Start using the technology that was described by International Semiconductor to use a combination of turbo-boost and electric motors in conjunction with smaller engine blocks and the efficiency can jump again." - Bozob
"In 1973 OPEC supplied something like 60% of world oil supplies. Now they supply 40%. Their importance in the world is slowly diminishing. It may take another 3 decades or so till their import is significantly less, but it will happen." - Bozob
In both paragraphs, the writer shows where we are our own worst enemy and OPEC is it's own worst enemy. We both are restrained by our own best interest. This is what makes Democracy so beautiful once we understand it. Let's start with "us" and Bozob's first thought from above.
The fight to find better fuel economy has limited effectiveness when balanced against speed and comfort. Americans want to have the freedom to move about as we please in the greatest amount of comfort. This is only possible with unlimited energy. We want the have the comfort of a big car while we are constrained by its loss in fuel economy. Conversely, we want fuel economy to save our money but we demand a roomy vehicle with the ability to get from point A to point B quickly. We are caught between the rock and the hard place.
( Read more... )