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Old 03-29-2006, 09:15 AM   #64
Eleazar Eleazar is offline
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Join Date: May 2003
Location: Langley, VA
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Quote:
Originally Posted by Skip Towne
The free marke system is working in those instances. It is not in the petroleum industry.
We are not at the price breaking point where people absolutely cannot afford it. Prices spiralled upward last year, but people kept driving.

There aren't that many less SUVs on the road anymore. There aren't that many more Honda Insights. Some people cut back on consumption marginally, but most just kept driving like they always did. There was only an increase in complaining.

If gas really cost something that people really could not afford, then you would see changes. But I don't think people have been sufficiently motivated to significantly change their consumption habits. How often recently have we seen a new thread here about someone buying a Tahoe or a Mustang GT? How often have we seen one about a basic import 4-banger?

As much complaining as there was, and I was part of it, I don't think people really can't afford it. Sure there are some, but it's a great minority, or we would see an incredible amount of shift in the market.
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