Well, if you believe Congressman Matheson, his new bill will drop the sales price of gas to $2.00.
http://www.kcpw.org/article/6217 I have noticed a significant improvement in traffic in my commute. Papers in Atlanta say that, overall, ridership of transit has increased 10%. I can verify a 7% increase on MARTA alone. I have also noticed fewer trucks and SUVs are on the road. I can usually see traffic ahead of me from my Scion xB. This was not the case when most vehicles were trucks and SUVs. If these trends continue, there will be a noticable impact on gas demand. My 400 mile weekly commute only takes me 10 gallons; but, my neighbor's Tahoe consumes 40 gallons over the same distance. His purchase of a Prius would have significantly higher impact on demand than my purchase of the same. It happened before due to the oil embargo of the 70s. The cartels suffered a financial backlash as consumers did not consume. Hopefully, this time it will be permanent. No, I really don't think you should make that investment, Richard. Terry On Wed, Jun 25, 2008 at 8:15 AM, R C Macaulay <[EMAIL PROTECTED]> wrote: > > Howdy Vorts, > I am trying to reconcile the economics of building a sophisicated chemical > processing plant with a 25 M/G/Y capacity of gasoline at $ 2.00 gallon cost > of production with the world I live in. > Richard > > > http://www.technologyreview.com/Energy/20828/?nlid=1112
