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Old 06-20-2007, 11:50 AM  
ZoneMaster
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Join Date: Jun 2007
Posts: 80
Quote:
Originally Posted by Cardinal_Sin View Post
amd until they shove the price up to a realistic 5-6 bucks a gallon, manufacturors will still keep pumping out 10 mile per gallon gas guzzling motors.
Sure.. the effects of a reduction in oil consumption would also ripple out to other areas as well.

Currently oil imports account for almost 50% of the trade deficit. Cars consume around 45% of those oil imports (while public transport uses 25% and the balance going to industry). Any reduction in oil consumption would obviously aid the economic outlook.
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