Hybrids fuel profits

So Congress is still squabbling over legislation, delaying its coveted summer break for the month of August. One of the bills that awaits passage in the House is the energy bill -- minus much-needed fuel economy language.

It's a shame -- and a surprise -- that the big auto industry opposes improving fuel economy to 35 miles per gallon. After all, Toyoto is proving that profits await those auto makers who sell cars and trucks that average more miles per gallon of gas.

As today's Washington Post story points out, Toyota just earned its highest quarterly profit ever -- and is still on pace to pass General Motors as the world's No. 1 automaker this year. The reason? According to the article, "High gas prices have helped Toyota as drivers flock to its fuel-efficient models."

Check out the story: http://www.washingtonpost.com/wp-dyn/content/article/2007/08/03/AR2007080301833.html

After having spent the past week on our Drive Beyond Oil tour, cruising through Ohio and West Virginia in a Toyota Highlander hybrid SUV, I'm a believer!!

Comments

[Wind energy]

In Europe there is currently an wind energy revolution going on.
Germany has increased its use of wind energy in 2006 by 26%!
This is a huge example that deserves following by other nations.

[Wind energy]

In Europe there is currently an wind energy revolution going on.
Germany has increased its use of wind energy in 2006 by 26%!
This is a huge example that deserves following by other nations.

[Randy]

Fleet average of 35 mpg?

What a bunch of morons trying to destroy the automotive industry here.