1. Do you find yourself driving less due to the high gas prices?
Perhaps just a bit- I tend to consolidate trips more often now.
2. This week, Exxon Mobil reported quarterly profits of more than $10.3 billion, the second-best quarter ever for a U.S. company. As we're paying, on average, $3.00 per gallon here in the U.S., do you think the oil companies are using the conflict in the Mid-East as an excuse to gouge consumers?
Absolutely, but it's still no excuse.
3. According to the Department of Energy, adjusted for inflation, the price of gasoline is still below its all time peak back in 1981. Back in 1981 the average new car got 21 miles per gallon. Today the average new car gets 22 miles per gallon. Why do you think there hasn't been more innovation and progress in this area?
I think there's been little progress in this area because as consumers we have not demanded that auto makers create more fuel-efficient or more alternative fuel vehicles. The law of supply and demand at work...