Gas prices for the next 1 year....

[goodoleboy]

I think things will stay current in one year. If pickups trucks are no longer driven by people who dont need them. As the trucks are replaced by smaller cars consumption will go down. Now this is a guess at best so you all dont hold me to the fire now.

 

[JHZR2]

yeah but even if people sell their trucks, they will go to secondary markets, where they are seen as 'good deals' and so people will look at the 'savings' and use it as a reason to expend large amounts of $ on fuel.

Cant escape choices that were made previously... at least until the current set of cars go to the junkyards.

In reality, much wont change until clean diesels come out in large quantities, and maybe (though battery processing is polluting) hybrids get more popular in high-traffic areas, allowing drivrs to get 25+ MPG instead of the usual 8-10 for a normal car in daily traffic jams.

And at that point, it may be too late anyway. Cant change the choices made by consumers, and its bearing upon everyone. And that true whether were talking about vehicles, wal-mart goods, or whatever else.

JMH

 

[Schmoe]

Bottom line.....we are going to pay no matter what the price is. Every one knows that. Grin and bare it.

 

[JHZR2]

gee, thanks.

 

[wavinwayne]

I need to move closer to work, & start riding my bike to work.

 

[JHZR2]

ditto

 

[jason07-1zzfe]

quote:

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Originally posted by pitzel:
and petrol is still enormously inexpensive relative to inflation.

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Not the past 3yrs. $1.00 increase in 3yrs. I have reciepts to prove it. That's what about 20% a year. Although compared to the gov't fake inflation or REAL inflation? How about calculating inflation on things we can't do without...energy, housing, food.

 

[pitzel]

quote:

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Originally posted by Jason Troxell:
Not the past 3yrs. $1.00 increase in 3yrs. I have reciepts to prove it. That's what about 20% a year. Although compared to the gov't fake inflation or REAL inflation? How about calculating inflation on things we can't do without...energy, housing, food.

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Where was petrol in 1985? Where is it today? What has inflation been?

You are still probably paying less. Yes, I was buying petrol for 20 cents/L after Sept/11/01 as well, and now it's $1/L. But you can't look at it on a strict 3-year basis when a massive economic slowdown killed demand.

High petrol prices will spur economic growth by forcing business to rationalize irrational activities. Such as having office workers commute for 2 hours each day to come to an office to stare at a computer screen, for instance, when they could be doing that work from the comforts of their own homes through digital phone lines.

The airline industry has seen record load factors recently, much due to rationalization of irrational policies as well, in their efforts to survive. High petrol prices are awakening corporations to all the energy and money wasting garbage that is in their midst, and we will all be stronger in the long run if petrol remains high on a sustained basis.