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How to boost fuel efficiency? Raise taxes, executives say
Scott Malone DETROIT (Reuters) - There's a simple way to get Americans to drive fuel-efficient cars, according to auto executives, but they are not going to like it -- sharply hike the gas tax. While politically unpalatable, gasoline that costs at least $4 a gallon would have a far greater ...
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How to boost fuel efficiency? Raise taxes, executives say
Peak Oil News — ... in new technologies, executives told the Reuters Auto Summit in Detroit. Consumer demand for fuel-efficient cars like Toyota Motor Corp's Prius and Ford Motor Co's Escape hybrid surged last summer as gasoline prices soared above $4 a gallon. But with the pressure off -- the average U.S. retail gas price was $2.66 a gallon at the end of October, according to the benchmark Lundberg survey -- Americans are once again buying fuel-hungry sport utility vehicles and other large cars. Reuters

Drumbeat: November 5, 2009
The Oil Drum — ... subject for the first time to the kind of U.S. assessment reserved for China’s expanding forces as lawmakers seek a more accurate analysis of the Persian Gulf oil power’s strengths and strategy. Congress ordered an annual report on Iranian military goals and capabilities, including the country’s missile and nuclear programs, in a provision tucked into a 1,200-page measure authorizing defense spending. President Barack Obama signed the bill into law last week. How to boost fuel efficiency? Raise taxes, executives say DETROIT (Reuters) - ...

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