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Psychic MOD
Join Date: Jul 2004
Location: Everywhere
Posts: 7,154/4.40
Threads: 280
Gold Member
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Re: So... Gas is approaching $4 gallon
Quote:
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Originally Posted by michaeljohn
Diesel just topped $5, but then went back under. I have a 180 mile round trip to make every week. I may be able to eliminate that for a few months. At least I get nearly 30 MPG highway. I too, fill up every week at about the halfway point. Still costs about $40. Around town, I average 150 to 200 miles per month. I could cut that down easily enough by walking to work and riding my bike more.
Seriously though, I just don't think these high prices are going to last. It's doing so much damage that something has to give on the supply side. There will come a time soon when many people with cars won't be able to afford driving them. When the demand is shot, so will be the price. $2.50 a gallon is pretty much too high as it is.
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Your argument is flawed... Over half of all cars sold in Europe are diesel. So if people here stop driving diesels, it just helps free up diesel fuel for Europe and China. On a global market, the oil is in high demand... just because WE may start using less doesn't mean that a country with more money to burn (China) won't pick up our slack.
Here's an interesting article I heard about on the radio a few days ago...
http://www.businessandmedia.org/pri...0521145247.aspx |