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Apr 05

Black Gold

Kenworth PilgrimageI wish people would stop whining about the cost of gasoline. Instead of complaining, we should stop buying gas-guzzling SUVs and other tank-like monstrosities, use public transportation more, and put pressure on auto manufacturers to make more fuel-efficient cars. The current price spike is very different from the 70s crisis. Back then, Americans used innovation – gasohol and fuel-efficient compacts – to break OPEC’s spirit. Today, people are buying SUVs and the like at high rates. It’s obvious that the high prices haven’t really hit people where it hurts. When people start trading in gas-guzzlers for efficient vehicles, I’ll believe that prices are high enough to worry about. Even then I’ll have little sympathy for drivers until they start pressuring Detroit to produce more efficient cars. So long as there’s demand for inefficient vehicles, auto makers will keep supplying them. Innovation is expensive and it won’t happen if there’s no demand for its fruits.

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