jasoncapecod
Well-known member
This question was brought up on another forum. I'm curious about everyone else take on the situation.
I remember from economics 101 that gasoline has a distinctly kinked demand curve. IOW, consumption (demand) is unchanged until some tipping price is hit, then it curtails rapidly. So the question becomes will that be at $4, $5, $6, or $7? The obvious first thing to go is discretionary driving.jamesdeluxe":ynm830jj said:How is $4 gas different from $3 gas?
Harvey44":e3a3hv0b said:One advantage in Europe...gas has been expensive for a long time (taxes) so they've developed infrastructure (mass transit, market for small cars, centralized development) that is more compatible with high energy prices.
I kept meticulous records of every dollar I spent on ski season this year (excepting food costs since a man's gotta eat one way or the other) and am currently on track to have fuel costs total exactly half of my season costs. That total is somewhat loaded because it will include my earned turn skiing as well. Take out the earned turn and gas factored in about one third compared to two thirds lift ticket and season ticket costs. When the average skier is seeing 50% gas prices for season costs, things will change pretty quickly, but that is like, what.... three or four years away :lol:Harvey44":fnbhzgdp said:For us... and this is a wild guess - gas is probably 10% of the cost of skiing. And for me...skiing is second only to family, food and air. I'll ski at $10 a gallon. But I might take fewer, longer trips.
Admin":1y8hkjz6 said:Although you didn't come out and say it, in case anyone wants to draw a comparison, well...there is none between Europe and the U.S. in this respect. Europe is a relatively small, dense population area. It's darned near impractical to try to apply the European transportation model to the spread-out U.S. anywhere but along the east coast.
q":3vuf1ffu said:One thing annoys me in the USA bigtime and its these clowns running about in their blinking busses towing 4x4s on the back.
I just looked up the data. The last time gas in the US was sub-$1.00 was prior to 1990. Eight years ago it was around $1.50.jamesdeluxe":21fz8vox said:I always crack up while watching Sopranos reruns... during the opening sequence, Tony drives by a gas station with 99-cent gas (eight years ago?).
I started in 1978 during the Carter years. Does anyone remember the embargoI started driving in 1996 gas was sub $1.00
jamesdeluxe":2lr7cy34 said:I always crack up while watching Sopranos reruns... during the opening sequence, Tony drives by a gas station with 99-cent gas (eight years ago?).
Harvey44":1cof13kw said:many seem to have "Je me souviens" on the plates. :wink:
Tony Crocker":2y1qnzmv said:"I remember," Quebec nationalist slogan the provincial government decided to put on the plates.