I agree with Image Found HereRick Haglund 100%:

When $140-a-barrel oil destroyed sales of full-size pickups and SUVs in May and June, General Motors Corp. and Ford Motor Co. took radical steps to shift production away from trucks to cars.

GM’s future car-laden product plan is based on oil prices rising to as high as $150 a barrel by next year. But what if oil falls to $70 a barrel and gasoline drops to around $2 a gallon?

Demand for big SUVs could again rise, forcing automakers to reallocate billions of dollars they just shifted to development of new cars back to trucks. That’s not exactly helpful to bottom lines already bleeding red ink.

A reprieve in oil prices also would hurt efforts to develop alternative energies that make us less dependent on foreign oil and reduce harmful greenhouse gases. That’s happened before.

It has happened before. Former Democratic president Jimmy Carter endeavored to develop a renewable energy infrastructure for America. He even set solar panels onto the White House. However, after taking office, former Republican President Ronald Regan removed the solar panels from the White House. You might think that today’s auto industry and consumers are too smart to be trapped by oil again after record oil prices, but I would not bet my life on it. Neither groups saw our current predicament coming even tough there were plenty of warning signs given by environmentalists and within our economy.