Attn. Elio Investors: Temporarily Cheaper Oil Is No Excuse To Waste It!

[WilliamH]

Lets look at the facts about "gas" prices in the US.
Gas prices went down and mileage went up.
Congress responded by saying "Wow! This is a good time to increase the Federal gas tax which is supposed to go into the "Highway Trust Fund". Someone tell me when the last time you drove on rails or a runway was.
States response was about the same.
Unions said lets go on strike for 100% wage increase. There's lots of money and we want ours.
Our current president has stated (shortly after his first election) that he wants to see our gas prices match those in Europe.
If we found an everlasting source of "Light Sweet Crude" tomorrow, prices would go up.
It's stupid not to want light weight, high mileage cars for routine commutes.
Light weight? Less wear and tear on roads!
High Mileage? Our money goes further!
...................... Our natural resources last longer!
(And I didn't say AGW or Environment.)
Does Elio make sense? Of course it does.
From a pure economics stand point!
And while we are at it we should demand that a minimum of 20% of the State and Federal fleet cars be light weight (under 2000 lb) and high mileage (70 MPG minimum) two passenger vehicles costing less than $10K each.

 

[Rickb]

Lets look at the facts about "gas" prices in the US.
Gas prices went down and mileage went up.
Congress responded by saying "Wow! This is a good time to increase the Federal gas tax which is supposed to go into the "Highway Trust Fund". Someone tell me when the last time you drove on rails or a runway was.
States response was about the same.
Unions said lets go on strike for 100% wage increase. There's lots of money and we want ours.
Our current president has stated (shortly after his first election) that he wants to see our gas prices match those in Europe.
If we found an everlasting source of "Light Sweet Crude" tomorrow, prices would go up.
It's stupid not to want light weight, high mileage cars for routine commutes.
Light weight? Less wear and tear on roads!
High Mileage? Our money goes further!
...................... Our natural resources last longer!
(And I didn't say AGW or Environment.)
Does Elio make sense? Of course it does.
From a pure economics stand point!
And while we are at it we should demand that a minimum of 20% of the State and Federal fleet cars be light weight (under 2000 lb) and high mileage (70 MPG minimum) two passenger vehicles costing less than $10K each.

Facts? Raising gas prices to European levels doesn't sound like something our President would say. I did a Factcheck check on your President Obama and Gas Price statement and that is not what he said.
Republican presidential candidates Romney and Gingrich repeatedly lifted several quotes out of context to allege that President Obama wanted to drive up gas prices. He said nothing about wanting to goose gas prices to European levels. Just the opposite by saving the Auto Industry and legislating the development of alternative energy vehicles by continuing to fund the DOE's ATVM Loan Program which may help bring the Elio to market. I did not fact check your other stated facts.

I am in agreement about the mandatory Government Fleet of Elio's at the Local, State, and Federal Levels with this custom wrap.


We have truth in advertising legislation, why not mandated truth in politics legislation. Politicians placing their hand on a bible and saying I swear, to tell the whole truth and nothing but the truth during their campaigns and again when they are sworn into any public office.

 

[WilliamH]

Facts? Raising gas prices to European levels doesn't sound like something our President would say. I did a Factcheck check on your President Obama and Gas Price statement and that is not what he said.
Republican presidential candidates Romney and Gingrich repeatedly lifted several quotes out of context to allege that President Obama wanted to drive up gas prices. He said nothing about wanting to goose gas prices to European levels. Just the opposite by saving the Auto Industry and legislating the development of alternative energy vehicles by continuing to fund the DOE's ATVM Loan Program which may help bring the Elio to market. I did not fact check your other stated facts.

I am in agreement about the mandatory Government Fleet of Elio's at the Local, State, and Federal Levels with this custom wrap.
View attachment 4709

We have truth in advertising legislation, why not mandated truth in politics legislation. Politicians placing their hand on a bible and saying I swear, to tell the whole truth and nothing but the truth during their campaigns and again when they are sworn into any public office.

Wow! Thought I had left enraged political flares behind when I got away from certain web sites.
A gentle "You're incorrect on that statement" would have been satisfactory. I've been known to be wrong and am man enough to admit it when I am.
On the raise in "Gas" taxes, it has been suggested by both sides in Washington already.
I am told by a friend in California that they want a $.75 / gal tax increase. (I think that was the number he said.)
There have been a number of stories where politicians have implied that they aren't getting enough money for the highway trust fund because cars get better mileage and people are not driving as much.
It's reported that the steel workers in the Texas oil industry are talking about striking for 100% increase. I think that's the number I heard. (disclosure .......... I was an AFL/CIO - CWA union steward at one time)

As for the parts we seem to agree on, imagine how mad you would be if an EPA employee showed up alone driving a 4x4 Chevy Suburban to cite you for a violation.

On your last point, politicians, like lawyers, are by nature less than forthcoming.

 

[carzes]

It's more likely, and this has been theorized quite a bit in the news, that they also want to force oil profits for ISIS (ISOL) down to starve that source out.
Anyway with so many possible reasons it helps OPEC that their real motivations get buried a bit. That kind of suppresses a focused response.

Good point, I hadn't considered the Isis connection. In that context OPEC's motives become obvious since they have Isis right in their backyard and soon to be knocking on their door. (And some OPEC members of course have the block party right in their living rooms already). I'm not sure Isis will really be starved out by low oil prices though. I'm sure they can buy plenty of Russian and Chinese arms at $40 per barrel just as well.

 

[Smitty901]

Facts? Raising gas prices to European levels doesn't sound like something our President would say. I did a Factcheck check on your President Obama and Gas Price statement and that is not what he said.
Republican presidential candidates Romney and Gingrich repeatedly lifted several quotes out of context to allege that President Obama wanted to drive up gas prices. He said nothing about wanting to goose gas prices to European levels. Just the opposite by saving the Auto Industry and legislating the development of alternative energy vehicles by continuing to fund the DOE's ATVM Loan Program which may help bring the Elio to market. I did not fact check your other stated facts.

I am in agreement about the mandatory Government Fleet of Elio's at the Local, State, and Federal Levels with this custom wrap.
View attachment 4709

We have truth in advertising legislation, why not mandated truth in politics legislation. Politicians placing their hand on a bible and saying I swear, to tell the whole truth and nothing but the truth during their campaigns and again when they are sworn into any public office.

Obama said loud and clear he did not misspeak He said gas price would need to go to $7.00 a gallon to get us out of our cars. He said it he meant it.

 

[Kuda]

Obama said loud and clear he did not misspeak He said gas price would need to go to $7.00 a gallon to get us out of our cars. He said it he meant it.

http://dotearth.blogs.nytimes.com/2010/03/02/fuel-taxes-must-rise-harvard-researchers-say/?_r=0


SEARCH


Fuel Taxes Must Rise, Harvard Researchers Say
By SINDYA N. BHANOO MARCH 2, 2010 6:35 PM March 2, 2010 6:35 pm 405 Comments


To meet the Obama administration’s targets for cutting greenhouse gas emissions, some researchers say, Americans may have to experience a sobering reality: gas at $7 a gallon.

 

[Kuda]

Good point, I hadn't considered the Isis connection. In that context OPEC's motives become obvious since they have Isis right in their backyard and soon to be knocking on their door. (And some OPEC members of course have the block party right in their living rooms already). I'm not sure Isis will really be starved out by low oil prices though. I'm sure they can buy plenty of Russian and Chinese arms at $40 per barrel just as well.

Saudi's are pressuring Putin to abandon Asad...........

 

[JNR]

Obama said loud and clear he did not misspeak He said gas price would need to go to $7.00 a gallon to get us out of our cars. He said it he meant it.

The fact is he didn't say it all:

http://www.factcheck.org/2012/03/obama-wanted-higher-gasoline-prices/

Maybe your interpretation is that Obama wants it because someone he hired said it was a possible route to promote energy conservation.

 

[Rickb]

Wow! Thought I had left enraged political flares behind when I got away from certain web sites.
A gentle "You're incorrect on that statement" would have been satisfactory. I've been known to be wrong and am man enough to admit it when I am.
On the raise in "Gas" taxes, it has been suggested by both sides in Washington already.
I am told by a friend in California that they want a $.75 / gal tax increase. (I think that was the number he said.)
There have been a number of stories where politicians have implied that they aren't getting enough money for the highway trust fund because cars get better mileage and people are not driving as much.
It's reported that the steel workers in the Texas oil industry are talking about striking for 100% increase. I think that's the number I heard. (disclosure .......... I was an AFL/CIO - CWA union steward at one time)

As for the parts we seem to agree on, imagine how mad you would be if an EPA employee showed up alone driving a 4x4 Chevy Suburban to cite you for a violation.

On your last point, politicians, like lawyers, are by nature less than forthcoming.

I wasn't enraged. You misquoted the President of the United States. I actually support and understand the logic and need for a raise in gas taxes so we can get our roads and highway infrastructure in shape and ready for our Elio's.

Did you fact check the strike for the 100% increase you mention? If uncertain why cast the negative shadow on the union? A 100% increase seems on the high side. The misinformation spreads like wildfire. You apparently judge me as some kind of angry environmentalist? Not in the slightest. If you can afford it and like it drive whatever rings your bell. I like and see the need for vehicles like the Chevy Suburban. Perhaps the EPA would drive a Hybrid Surburban. I think the ATVM loan program for funding the development of alternative energy vehicles is smart policy by our President. It reduces our import needs and leaves more USA oil for the guzzlers.

My only gentle point and recommendation is to relax and check the facts by a non-politcal source before you state your facts. I've been known to be wrong too. Sorry if I cause you any anxiety.

 

[RUCRAYZE]

I think they just manipulated the price of oil down to mess with Russia over the Ukraine issue. Funny how we have a problem with Russia, and suddenly the backbone product of their economy takes a major dive in value, causing economic recession and major devaluation of their currency. Soon as a solution is found in the Ukraine, get ready for $5/gallon gasoline.

Great analysis, with just one observation most of Russia's oil goes directly to Eastern Europe, which is why they are very low keyed re: invasion