First Word: 11/05
Over-the-Top Fuel Prices
If anything good for general aviation emerges from the massive twin disaster of Hurricanes Katrina and Rita, it may be high gas prices. You read that right. Sustained gas prices of over $3 a gallon may finally shock U.S. drivers and the auto industry into doing that which should have been done a decade ago: Insisting upon and forcing higher fleet mileage standards for cars and trucks. As gas prices recede from the royal gouging the oil companies gave us in early September, consider $3 gas a relatively harmless shot across the bow.
The U.S. leads the world in transportation fuel inefficiency and since the government has shown no interest in a cogent…