Environmental Challenges with Falling Gas Prices in the U.S.

This article, by Economist Bill Roth, examines the possible repercussions that falling gas prices could have on sustainability practices. He refers back to the 1974 oil crisis caused by the Organization of Petroleum Countries' (OPEC) oil embargo on the United States. This embargo caused the price of gas to skyrocket in the U.S., forcing American car manufacturers to develop more efficient vehicles. However, as the cars became more fuel efficient, oil demand dropped and prices plummeted, much as they have over the past few months. This caused a boom in muscle cars, undermining the sustainability push of the previous years. His recollection leaves us with a similar concern: Will the American consumer return to poor fuel habits and vehicles now that prices are back down? Is our sustainability push in research and practice about to stall? The next several years will show whether or not we will have trapped ourselves in a cycle. Read article at http://www.triplepundit.com/2014/12/2014-oil-price-collapse-threatens-sustainability/