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Voice of the Gasoline Consumer
26 April 2004
Interesting piece from the Atlanta Journal-Constitution (registration required) on the reactions of buyers to the current state of gasoline prices.
About what youd expect, but a revealing comment from one of the interviewees.
Id love to get one of those hybrid cars, but when you look at the math on those things, gas has to hit $10 a gallon before its economically feasible," he says. "I dont think peoples driving habits are that elastic. Long term, when gas is still cheaper than water, I dont think youre going to see a change in behavior.
And, maybe not so long term when gas isnt cheaper than water, behavior will change, but its going to be a little late.
April 26, 2004 in Fuels, Market Background | Permalink | Comments (2) | TrackBack (0)
Comments
Posted by: Marian | May 16, 2007 at 10:15 AM
there is absolutely no excuse for gasoline prices to be so high. all you have to do is take a look at the quarterly profits that are posted by the oil company's each quarter and you will see that they are making billions of $'s. the price increase is to generate a huge amount of tax dollars so that the politicians can put this huge pile of money into an appropriations committee and distribute it out to every 3rd. world country who asks for billions of dollars. these billions of dollars are not spent on the poor and needy of these countries but, rather the money is spent of the infrastructer such as building skyscrapers,roads,military,police,hospitals,docters,electric plants,water treatment plants,etc. etc. etc. the money that is being sent to other countries, should be spent right here in the u.s.a. for our own people and their needs. not everyone is the u.s. has a good paying job and many don't even have a house to live in nor a car to drive. so let's let our voices be heard.
Posted by: azul | January 06, 2008 at 09:52 AM
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