Executive Network Group of Greater Chicago, Inc.

Hello

 
During our mid-twentieth-century formative years, we skipped lightly through the crackling leaves of the glorious autumn that followed World War II. Bob Hope smirked and told us, "You can trust your car to the man who wears the … big, bright Texaco star." Douglas Edwards' CBS News sponsors gushed at Lansing's most powerful new product, the Oldsmobile 98 Starfire. Engines displacing 400 cubic inches (6.55 liters) were common; one colossal model swallowed 500 cubic inches (8.19 liters) during each rotation. Premium gasoline (Remember Sunoco 260?) cost little more than a quarter a gallon. Aside from niggling doubts brought on by Duck-and-Cover exercises, we led a life fueled by inexpensive, limitless energy; we lived in Pleasantville.

Tomorrow was ours! The power company's shill, a birdie named Little Bill, happily chirped his "cheap, cheap" song trumpeting electrically-powered time- and labor-saving gizmos. The gas company's just-laid pipelines transformed coal bins into sooty, grimy, hazy, unhappy memories. Best of all were the promises made at the outset of the Nuclear Age: Electricity would be so inexpensive that there'd be no need to measure our power consumption.

Fast-forward to April 21, 2005. The Executive Network Group (ENG) meeting provided a jolting reality-check as Board Member and Executive Director Karl Randall used the dour Mr. Peabody's Way-Back Machine to show ENG's membership why the cheap-energy party ended long ago. Randall's presentation, "Why does Gasoline Cost so Much? What I Can Do About it?" arched across more nearly two generations of governmental thumb-twiddling, while our country's dependence on imported petroleum zoomed from the then-significant 35% in the early '70s to nearly 60% of current consumption. 1973's four-fold increase to a barrel of oil by the nascent Organization of Petroleum Exporting Countries (OPEC) struck an economic gong that reverberates through the American economy three decades later.

OPEC caused Congress to leap into action, decreeing Corporate Average Fuel Economy (CAFE) rules. Jointly administered by the National Highway Traffic Safety Administration (NHTSA) and the Environmental Protection Agency (EPA), CAFE requires each manufacturer's fleet to average 27.5 miles per gallon. CAFE is "is the sales weighted average fuel economy, expressed in miles per gallon, of a manufacturer's fleet of passenger cars or light trucks with a gross vehicle weight rating of 8,500 lbs. or less, manufactured for sale in the United States, for any given model year." Since reaching a plateau in 1987, Randall noted a gradual decline in the national fleet's fuel-efficiency. Randall displayed a chart showing that eleven of the twenty "best selling" vehicles are light-trucks. Tellingly, "Congress did not specify a target for the improvement of light truck fuel economy … Unlike for the passenger car fleet, there is no default standard established for light trucks."

Randall's conclusions were succinct and politely blunt: "If you feel gas costs too much, take action. If you feel concerned about the Middle East, take action. The choices are yours."

Contact information:

Karl Randall
3440 Steeplechase Way
Grayslake, Illinois 60030
Voice: 847/548-6616
e-mail: karl_randall@alum.wvu.edu
-- by R. T. Jones (4/25/2005)

Karl Randall is an adjunct instructor of biology at College of Lake County and other colleges in addition to being the Director of the Executive Networking Group of Chicago. Mr. Randall has training in both science and business that have enabled him to learn the interdependent relationships between biology and business. His passion is to enable curious minds to better understand the world in light of interdependent relationships.


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