Higher oil prices - Have Americans learned?
Bring it onThis morning the dollar picked up a little strength and the price of a barrel of oil dropped immediately. A few hours later oil prices broke mid-day records. Is oil going back down to $3.00 or up to $5.00?
I don't care. I drive a few thousand miles, at most, every year. Instead of driving I've spent the last several years building my life around LA's Metro light rail and subway system. Apparently, I'm not alone as mass-transit use has reached a 50 year high.
If the dollar strengthens and the price of oil stabilizes, will American continue to embrace mass transit, hybrid vehicles, and smaller SUVs? Have we changed? Or, when prices drop, will I just have more seats to choose from on my subway ride?
Labels: gas prices
posted by Dahcredyns at
9:14 AM
2 Comments:
More people should learn about electric vehicles as a solution. "Zero emissions" is something that's going to be required by law one day (you know it will). Making the decision to go electric is far cheaper anyway, like 10 cents on the dollar vs. gas. (source: zapworld.com)
I think you've nailed it. Most people drive for convenience and only change when the cost of that convenience is beyond what can be sustained. If prices drop, a number (but not all) of the recent converts will revert to their old ways.
Post a Comment
<< Home