Quote:
Originally Posted by Cowboy89
Agreed about the cigs and alcohol part and that's why the gas price increase needed to curb demand is as substantial as it is. It has to be enough that large enough amounts of people on the margin no longer can afford to use gas in the quantity that they use it.
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By then, you're talking European prices... $2/L still wouldn't break my bank cause I drive a newer, more efficient car, and that goes for all people who can afford newer, more efficient vehicles, or have the financial wherewithal to own an expensive (and still relatively efficient compared to older model vehicles) vehicle. However, if I'm driving a clunker... paying $160+ every weekly fill up hurts a lot (especially compared to $100 every two weeks in a more efficient car), and might force people into transit, cycling and walking. Thankfully, unless Kyoto rears its ugly head, thats not gonna happen.