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Wednesday, 3 May 2006
Big Gas-guzzling SUVs Cede Place to high-mileage, Fuel-efficient Hybrid Cars
Topic: Cars/Hybrids/E85

Big Gas-guzzling SUVs Cede Place to high-mileage, Fuel-efficient Hybrid Cars

At a time when oil prices are surging above $73 a barrel, consumers are feeling the pain at gas stations. Each time we drop by to fill up, we think about the money that is leaving our pockets and going to the rich coffers of Big Oil. There are talks of refunding us $100.00 to offset our costs as senators are paying attention to our pain. For those of us who depend on our vehicles to make a living, we feel that we are being taxed way beyond. Most people are making money over the scarcity of oil. Exxon Mobil, Chevron and ConocoPhillips are reporting huge profits. Hedge funds managers and speculators are rolling in money on Wall Street. What is in it for us, fuel consumers?

All we can do is to start buying fuel-efficient cars. So far, many people are trading in their SUVs, Chevrolets, Fords, Yukons for the more fuel-efficient Toyota Prius and Honda Hybrids. If they can not afford the hybrids, they will settle for Toyota Corolla, Honda Civic and other smaller cars made by Kia, Huyndai, Chevrolet, Mazda and other companies. According to the Power Information Network, a division of J.D. Power and Associates, consumers, drivers are making changes to their habits and driving lifestyles. More than any other car companies, Toyota stands to make lots of money from the sales of its Toyota Prius. So does Honda with Honda Civic and the other fuel-efficient vehicles it has on the market. Nothing could make car buyers change from yesteryear's image-making SUVs to this year's small-is-good attitude. We are drivers who are also paying attention to geopolitical events. We know that Iran is OPEC's second-largest oil producing country. It is monitoring our reaction in the West as it is dealing with its desire and ambitions to have enriched uranium. We also know that that Iran may use the fluctuations of rising oil prices to its advantage. Feeling cornered by the decision of the U.N. Security Council and the International Atomic Energy Agency, many commodities traders and speculators predict that Iran may cause the prices of oil to go even higher. The U.S. which is one of the major consumers of oil would not appreciate any disruption specifically at a critical time such as the Summer holidays. The current administration is putting pressure on Iran's leaders to stop their quest of enriched uranium. At the same time, consumers also know that fossil fuel is a finite product. There are so many barrels that Saudi Arabia can produce. There is so much of it left to be explored. Renewable and alternative fuels have become the center points of the American fuel policies.

In the near future, consumers have to brace themselves for higher fuel costs. There are ongoing talks to start exploring and pumping the oil that is in the tundras off Alaska coasts. Until some solutions are found, hybrid cars will continue to be hot sellers. The Honda Civic hybrid and the Toyota Prius are presold by most dealerships. There are not too many of them to go around. Are hybrids always a money-saving deal? Consumers have the choice between other brands such as Lexus RX 400h.

Find more car reviews at Fixwhatsbroken Car Reviews Creative




Posted by Fashionista Shopping Analyst at 6:56 AM PDT
Updated: Wednesday, 3 May 2006 7:28 AM PDT
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