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Study: Gas will soon be at $10/gallon
- Thread starter capmac
- Start date
Quote from ElCubano:
europeans walk 10-12 times more than Americans and have far less SUV's....if it were to hit $10.00 here, you would see some serious hurting...which may not be a bad thing in the bigger picture...lets face it...thats the only way to make a change...
Yeah - people would buy smaller, more economical cars, walk more, cycle more, and there'd be more incentive to build good mass transit. Hardly the end of the world, and it would have some nice side effects: less SUVs, less road accidents, healthier population, less heart attacks, less fat chicks, less pollution, regeneration of urban centres, reduction in suburban sprawl.
Quote from amanda33:
Even with high prices for petrol people still drive and earn low wages. They just do without the things that are seen as a right, such as new clothes and furniture, eating out, having any fun or holidays. Just because they're finding it difficult to get by doesn't mean they're lazy slobs.
Im not telling you what I THINK is happening, I'm talking about what is actually happening..at least in this area to a lot of people, and it has nothing to do with being lazy (at least physically).
Gas consumption Europe vs. U.S. There is some evidence Europe's high gas taxes have capped its oil consumption.
Oil use in the United Kingdom has basically stayed flat from 1980 to now, while in France it's dropped 17%, according to figures from the Energy Information Administration.
In the U.S., meanwhile, oil use is up 21% over the same period, although the country has added more people and seen its economy grow slightly faster.
Americans have taken advantage of cheap gas prices to do other things - like buy bigger cars and bigger houses further away from city centers, said Schipper.
On a per capita basis, Americans use three times more oil than Europeans, he said. That means Americans are more exposed to rising gas prices than their counterparts across the Atlantic.
"Five-thousand square feet in the suburbs, that's much rarer in Europe," said Schipper, referring to big homes. "We dug our hole."
Oil use in the United Kingdom has basically stayed flat from 1980 to now, while in France it's dropped 17%, according to figures from the Energy Information Administration.
In the U.S., meanwhile, oil use is up 21% over the same period, although the country has added more people and seen its economy grow slightly faster.
Americans have taken advantage of cheap gas prices to do other things - like buy bigger cars and bigger houses further away from city centers, said Schipper.
On a per capita basis, Americans use three times more oil than Europeans, he said. That means Americans are more exposed to rising gas prices than their counterparts across the Atlantic.
"Five-thousand square feet in the suburbs, that's much rarer in Europe," said Schipper, referring to big homes. "We dug our hole."
Quote from capmac:
Gas May Soon Cost a Sawbuck
Big New Shock at the Pump Forecast by Two Analysts
By DAN DORFMAN, Special to the Sun | April 28, 2008
Get ready for another economic shock of major proportions â a virtual doubling of prices at the gas pump to as much as $10 a gallon.
Can't wait for $10 / gallon gas - now my commute to work will take 1/2 the time - everyone will be taking mass transit
But yes - $10 gallon gas will kill the economy because transportation / shipping costs are built into almost every good - be prepared for price spikes across the board
Quote from Brandonf:
Im not telling you what I THINK is happening, I'm talking about what is actually happening..at least in this area to a lot of people, and it has nothing to do with being lazy (at least physically).
"Mom doesn't work because gas is nearly 4 bucks a gallon."
That's a great example to set your kids.
Quote from Cutten:
Yeah - people would buy smaller, more economical cars, walk more, cycle more, and there'd be more incentive to build good mass transit. Hardly the end of the world, and it would have some nice side effects: less SUVs, less road accidents, healthier population, less heart attacks, less fat chicks, less pollution, regeneration of urban centres, reduction in suburban sprawl.
I agree. Hard to understand why people are so scared of this; maybe because most of them are fat and lazy.
Quote from amanda33:
"Mom doesn't work because gas is nearly 4 bucks a gallon."
That's a great example to set your kids.
Well, if your in a small town and the jobs are 40 to 50 miles a way, one way, and your only making $5 to $7 an hour, and thats a "good" job, what would you do? I'm not stating this as a moral judgment, its a fact, its happening.