The Catch-22 Of Gas Prices
If driving less makes prices fall -- will Americans respond by driving more?
"It seems we face a gasoline Catch-22. The only reliable way to cut fuel prices is to cut demand. And the only reliable way to cut demand is to drive less. But if driving less makes prices fall, we'll respond by driving more."
"It's not as if we live in a poor country where, to get anyplace, you have to drive for 16 hours on goat paths. The occasional bridge collapse notwithstanding, we have a magnificent road system that seduces people into driving...on a Sunday afternoon, just for the heck of it.
It takes a lot of price pain to take the pleasure out of driving in this country. (Truckers aside: I know they're hurting.)
Despite gasoline prices at record levels, fuel consumption has fallen less than 1 percent this year. The experts are predicting $4-a-gallon gas, possibly by the end of this month. And I'm predicting we will just motor on.
Everything encourages us to drive: urban planning (or lack thereof), busy lifestyles, even gas-station signs. It's tough to develop sticker shock when you're reminded every quarter-mile how much gas costs by the ubiquitous numbers that advertise it.
It's like a giant conditioning exercise."
- Login or register to post comments
- Email this page
Related News Stories
Greening Efforts Struggle to Convince the Stubborn - Feb 08, 2008
Six Achievable Steps To Confront Global Warming - Aug 29, 2006
New State Laws Making It Easier To Build Green - May 12, 2008
Housing Debacle Threatens Renters - May 09, 2008
Landfill Gas To Fuel Garbage Trucks - May 07, 2008






