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Originally Posted by Brucelee
...In the long run, everyone has alternatives. It is the use of these alternative that has resulted in the drop in demand for oil and the drop in oil prices to under $50 per barrel. Simple economic behavior... in the example above, the real cost of gas is likley about $1.40 per gallon. Not bad I think!...Next time, read the article and respond with facts, not hype!
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Hi,
I agree with what you say and found the article to be very credible and informative.
Gasoline, even at it's recent high was still a very good bargain given cost/mi. or Therms/gal. compared to many other possible fuels. We're just so used to paying a historically low price for it, that the
new realities are stinging a lot of people.
Happy Motoring!... Jim'99