Friday, June 30, 2006

American Consumers Key to Foreign Oil Dependency

Technology, such as that in hybrid cars, must be embraced by American consumers and American automakers, or America's foreign oil dependency will become one of America's most challenging crises, rather than a huge opportunity.Responding to some bloggers this morning I came to the conclusion that U.S. foreign oil dependency has become, if not the, at least one of the major defining moments in U.S. history. With much of American geopolitics being determined by oil, and one of America's most important job sectors dependent upon oil, foreign oil dependency has become a tremendous and dangerous crisis, but a crisis that poses huge opportunities.

Still, foreign oil dependency will only become an opportunity if seized upon by the American consumer. (Full Story)

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1 Comments:

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