Since Space the Final Frontier has been conquered…might as well solve the gas crisis.  Damn….why did I skip Auto Shop Class!  I could be rich…..maybe not….you can bet that the big auto makers are already on the case.  The Announcement was made at the New York International Auto Show a few months back.  And even the Mayor Bloomberg gave his 2 cents on the prize:  “Development of a super-efficient car would be a major step forward in the fight against global warming – and it would help us reach our goal of cutting greenhouse gas emissions in New York City by 30 percent by 2030.” Please…..by 2030 we are going to be oil free.

It always seems like America is a little behind the times.  Why shoot for 100 MPG….that seems easily within reach.  I mean we already have Electric cars, Vegetable Oil powered cars, and so on running around.  And a plug in Hybrid can already achieve close to those numbers.  Gas is a thing of the past!  In 2009 a cross-country race will determine the winner of the Progressive Automotive X Prize.  Check out their website for more info. http://www.xprize.org/x-prizes/automotive-x-prize

Ethanol is an additive in gasoline that accounts for 10% of its makeup. And E-85 gas contains….you guessed it…up to 85% ethanol. But the debate has gone on about the production of Ethanol using more energy than it produces, also that it takes a large amount of wheat, soybeans, corn, sugar, or rice to produce this fuel. Now that debate can finally be put to rest.

Picture a revolutionary $30 million dollar Ethanol Plant in the middle of nowhere. Well it is coming and will not use food staples for the production of Ethanol; rather it will use biowaste. Grass clippings, wood chips, paper products, and cardboard will all be used by this facility to create Ethanol as an alternative to gasoline! And with the landfill right next door, there should be plenty of biowaste to be had. Could you imagine a country where every landfill not only has a recycling center but an Ethanol plant right next door?

Since the release of the Prius into the U.S. in 2000, Toyota have sold over 1 million Toyota and Lexua hybrid cars in the U.S. All of those hybrid car sales have accounted for half of Toyota’s worldwide hybrid car sales.

Toyota released their third generation Prius into the U.S. market earlier this year which carries an sales forecast of around 180,000 sales in it’s first year. A considerable amount more than expected for the new luxury Lexus hybrid.
However, they have have forecasted this number of sales, but whether they will be able to reach that number is a separate matter. Although the amount of car sales in May rose since last month, the amount of car sales since the start of 2009 as dropped by 36% in the U.S. Even more bad news has struck Toyota, the amount of hybrid car sales has slumped recently. This is because although fuel prices rose by large amounts last summer, since the beginning of the year they have dropped considerably.

The price drop has caused a shift in the market, more people are buying gasoline powered cars because a hybrid car will often set you back $4000 more than a normal car.

That aside, Toyota still have high hopes their new luxury Hybrid car because they believe that the car market is improving and the requirement for hybrid cars is coming back.  Prices on the new 2010 Lexus Hybrid begin at around $35,000.  And the gas mileage ratings for this car are expected to be 35 cobined MPG.