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Aug 16, 2005

Prices - USA - Wasteful ways and bad energy policy could take high toll on economy

Paying the price
Melbourne,FL,USA -Florida Today -Aug 14, 2005: -- Gas is more than $2.40 a gallon... Drivers are facing fill-ups costing $35, $40, $50 and more... Industry analysts say prices are likely to hit $3 a gallon by January, and may not drop much for several years... And American consumers -- who have indulged in gas guzzlers for decades and the fantasy of cheap gas forever -- are now facing serious fallout from long-term failure of national policy... If Congress over the years had required Detroit to achieve better fuel efficiency in cars and trucks, and had made alternative energy sources a top priority, the nation would not now be stretched to nearly $67-a-barrel of oil...

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