Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on August 31, 2008

Bookmark and Share

Gas prices fuel interest in alternatives

For months, the words “four-dollar gas” have served as convenient shorthand to explain a range of American lifestyle changes – the cars we buy, the places we live, the vacations we take, and our willingness to crowd into subways.

But gas prices have been falling and were near $3.60 last week in the Boston area, according to the American Automobile Association.

Happy days! Will we rev up our sport utility vehicles, drive across the country, destroy our CharlieCards, and throw down a payment on a suburban big-box home?

Doubtful, but it’s worth asking how long our gas-misering will last as the price of fuel lurches up and down.

This could be a critical moment, not only to observe whether the trend toward shorter and fewer car trips continues, but also to watch whether Americans demand better transit options from their government and whether investors continue to show interest in alternative fuels.

Boston Globe



Leave a Reply

Your email address will not be published. Required fields are marked *