Unless we scrap guzzlers at a faster rate, we will never reduce our oil consumption.
CNN: Commentary: Why 'Cash for Clunkers' works
Over the past 20 years, global oil consumption has increased by 30%, but proven reserves have increased at twice that rate.
FORBES: We Live In An Age Of Energy Abundance
With lower oil quotes, our inflation rate is containable, consumer sentiment stays strong, savings rates run low and personal consumption expenditures grow between 2 and 3 percent as does GDP.
FORBES: Big Caps Adumbrate The Bull Market (With Exceptions)
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