On Jun 15, 9:32 am, James Annan <[EMAIL PROTECTED]> wrote:
> Tom Adams wrote:
>
> > I figure the less wealthy part of the US would start using public
> > transportation, vanpooling, and carpooling in response to a steep rise
> > in gas prices. With no public-sector spending. If the public sector
> > did not provide more buses, the private sector would take up the
> > slack. In the longer term, they would buy more fuel-efficient cars.
>
> But how steep would the price rise have to be?
>
> James
I don't know. I wonder if anyone has tried to predict these senarios.
The increase from $2 to $3 per gallon seems to have been absorbed by
consumers cutting back on non-gas purchases. The interest in
vanpooling on my 25-mile commute as gone up about 250% thats only from
about 16 riders to 40ish. I know a few hold outs that are probably
dropping $6 per work-day to keep driving alone to work.
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