US President Warns Drivers that Gas Prices Won't Stay Cheap Forever Print
Written by AlterMyEnergy   
Thursday, 22 January 2015 20:07

President Obama is encouraging American's to choose fuel-efficient cars today, because gas may not be so cheap in the future.

Low gas prices typically make fuel-efficient cars less attractive to consumers, and right now prices are very low indeed.

Yet President Barack Obama hopes U.S. car buyers won't clamor for gas guzzlers.

He cautioned that cheap gas prices won’t last indefinitely, and encouraged Americans to buy more fuel-efficient cars in an interview with The Detroit News.

That interview came just ahead of Obama’s speech at a Ford assembly plant in Wayne, Michigan, Wednesday promoting the success of the auto-industry bailout.

The plant produces the Focus and C-Max, but it’s been idled due to low demand for those fuel-efficient vehicles.

One has to admit, that’s a bit ironic.

Obama said the current low gas prices are temporary, and that people are better off buying more-efficient cars because of long-term environmental benefits—and to avoid a rude awakening when prices eventually increase.

If prices suddenly return to $3.50 a gallon, Obama said, “you are going to not be real happy.”

Read the full story here.

Last Updated on Thursday, 22 January 2015 20:11