"I believe so
strongly that this country has got to use its talent
and its wealth to get us off oil," Bush said.
"Probably the fastest way we can begin to
change the consumer habits -- is to promote hybrid
vehicles."
President Bush made that statement earlier today in response to falling gas prices.
"My worry is, however, that a low price of gasoline will ... make us complacent about our future when it comes to energy," Bush said at a government-sponsored renewable energy conference in St. Louis.
I couldn't agree more. Already one new study has demonstrated that consumer interest is dropping significantly as gas prices are dropping, while interest in gas-guzzlers is rebounding.
Bush, who has asked Congress to extend the tax credit for hybrids earlier this year, again brought up tax credits today. Unfortunately, Congress has not addressed this issue. Perhaps, hopefully, once the elections are over an extension will be enacted. Otherwise, with dropping gas prices and smaller tax credits for Toyota hybrids, interest in hybrid vehicles could drop significantly.
(Source: Reuters via Yahoo)
President Bush made that statement earlier today in response to falling gas prices.
"My worry is, however, that a low price of gasoline will ... make us complacent about our future when it comes to energy," Bush said at a government-sponsored renewable energy conference in St. Louis.
I couldn't agree more. Already one new study has demonstrated that consumer interest is dropping significantly as gas prices are dropping, while interest in gas-guzzlers is rebounding.
Bush, who has asked Congress to extend the tax credit for hybrids earlier this year, again brought up tax credits today. Unfortunately, Congress has not addressed this issue. Perhaps, hopefully, once the elections are over an extension will be enacted. Otherwise, with dropping gas prices and smaller tax credits for Toyota hybrids, interest in hybrid vehicles could drop significantly.
(Source: Reuters via Yahoo)
