President Obama promised an investigation into the oil markets yet the oil companies once again take in epic profits. The hit on Osama Bin Laden is expected to diminish the scale of military operations and now Obama can ramp up the investigation into the gas gouging which is harming the economy.
As everyone is feeling the pinch, an increased focus on alternative fuel sources is gaining momentum and hybrid vehicles are becoming more popular. Mr. Malibu met movie star Owen Wilson at the Malibu Lumber Yard recently and was intrigued that Wilson was driving a small fuel efficient Toyota.
Sigfried Rivalta from CNG Cylinders International in Malibu informed Mr. Malibu that major Detroit auto makers have begun to manufacture Compressed Natural Gas vehicles beginning with certain trucks and SUV's.
Mr. Malibu interviewed an owner of a CNG powered Honda in Malibu and the driver reported that he pays roughly $1.50 per gallon, and this compressed natural gas does not pollute as much as ordinary gasoline.