Auto Execs Urge Government to Tax Fuel up to $8/Gallon

Discussion in 'Politics' started by texas1willy2, Nov 7, 2009.

  1. texas1willy2

    texas1willy2 Active Member

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    Apr 20, 2009
    woodlands
    CEO at leading parts supplier: "Energy independence...ultimately means that fuel has to be more expensive"

    It's no secret that when gas prices dropped early in the year and with the recession in full swing, hybrid sales saw their first drop in years. Faced with tough new fuel economy restrictions, auto executives had come up with all sorts of unusual suggestions -- such as cutting crash testing -- but now had to puzzle over a new dilemma; what if consumers don't want the higher-priced electric vehicles that they plan to start flooding the market with in less that a year?

    DailyTech - Auto Execs Urge Government to Tax Fuel up to $8/Gallon to Increase Fuel Efficiency

    At a special Reuters summit in Detroit, numerous auto industry executives are cited as suggesting that the government raise taxes on gasoline substantially to spur the adoption of fuel efficient vehicles. States Tim Leuliette, chief executive of privately held parts supplier Dura Automotive, "In the United States, we're afraid to touch the fuel price. We've got to continue to raise taxes in the United States so that, by the end of the next decade, gas is about $8 a gallon in today's terms."

    He adds, "What you have to do is do it in a manner that is slow enough and predictable enough that vehicle selection and choices by people over the cycle can be made in a logical way."

    Eight dollars-per-gallon gas? The idea certainly sounds absurd. However, the idea of the government pouring over $100B USD into the auto industry and partially nationalizing GM and Chrysler might have sounded ridiculous a decade ago too.
     


  2. DCortez

    DCortez TGT Addict

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    Jan 28, 2009
    Houston, Cy-Fair
    Scumbags


    It's no secret that when gas prices dropped early in the year and with the recession in full swing, hybrid sales saw their first drop in years. Faced with tough new fuel economy restrictions, auto executives had come up with all sorts of unusual suggestions
     
  3. saltydog

    saltydog Member

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    Nov 4, 2009
    el paso
    wouldn't surprise me. how else will we be able to pay for healthcare and this stimulus and the next. watch them tax ammo to slow the gun industry that they hate.
     
  4. M. Sage

    M. Sage TGT Addict

    Jan 21, 2009
    San Antonio
    Socialism at its finest!

    I wonder which parts supplier... do they supply the aftermarket? If they do, I sense more than one ulterior motive. The aftermarket loves when gas prices go up. I have to keep from vomiting every time I hear a parts store ad on the radio saying "raise your mileage by..." Dude, if your car is running right, throwing parts at it is not going to get you better mileage, despite what some people think.
     

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