Bending the Third Rail
Because We Should, We Can, We Do
Friday, March 30, 2007
Conserving?
In the past, when gasoline prices rose significantly drivers responded by conserving. Unfortunately, that does not appear to be occurring lately.

It appears that the process of adaptation is firmly in place for gasoline up to $3.50/gal. and will take much higher prices, or shortages, to get consumers attention again.
Written at 12:40 PM by Greyhair.
1 comments
1 Comments:
Blogger PeakEngineer said...
We're in for a sharper shock now that most of the country has been slowly bludgeoned into accepting $3/gallon gas as the baseline. The emerging realities of the past few years have done nothing to curb the demand.
-PeakEngineer
http://peakoildesign.com
10:46 AM  
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