Originally posted by: dullard
Originally posted by: techs
Why people won't drive less
...
I am thinking gas will have to get to at least 6.00 to 8.00 per gallon for a real, long term reduction in driving. In other words, gas has to be prohibitively expensive even in a small fue efficient car before people really cut down their driving.
[Cue Family Fued style voice]
Survey says:
[/End Family Fued style voice]
[*]"At a time when gas prices are at an all-time high, Americans have curtailed their driving at a historic rate."
[*]"Compared with March a year earlier, Americans drove an estimated 4.3 percent less."
[*]"According to AAA, for the first time since 2002, Americans said they were planning to drive less over the Memorial Day weekend than they did the year before."
[*]"Some Americans have turned to public transportation. Ridership increased by 2.1 percent in 2007"
[*]"Americans took 10.3 billion trips on public transportation in 2007, the highest level in 50 years, the group said."
[*]"The Energy Information Administration says gas consumption for the first three months of 2008 is estimated to be down about 0.6 percent from the same time period in 2007."
Hmmm, so much for the American's won't use less fuel myth. We drove 4.3% less even though our diving population increased by almost 1%. Our demand for fuel isn't perfectly inelastic. We can and we will cut back on driving when it hits our pocket book. Yes, techs, the higher the price, the more we will cut back. But it doesn't require $6+ gas to do so. $4 gas is starting to impact our driving style. And I don't buy your argument that at $4 gas, cash strapped Americans will (a) buy a fuel efficient car and then (b) drive far more. The (b) part of your argument just doesn't seem to be happening.