Gas prices – where is the tipping point?

Question

It is getting to the point where it is too expensive to drive to and from work because of gas. In my area, prices are around $3.30/gallon and going up every day.

How expensive is it going to get before everyday people start to seek alternative fuel?

What do you think about gas prices, the current green revolution, Al Gore, etc..

Just wondering :o)

Answer 1

Unfortunately for us we don't have much choice. Suppose you wanted to use an alternative fuel, could you? One of the only choices people have are hybrid cars. I drive one and there are more and more of them showing up where I live. I just paid $3.50 a gal for regular by the way.

If prices remain high eventually companies will start coming out with alternatives.

High prices are not all bad. They do help some to reduce the use of fossil fuels and they are starting to create demand for alternatives. That is good for the environment and it helps to reduce our use of Middle East oil, which is financing terrorism so I guess it is not all bad.

Answer 2

In the 1970s when gas went up from 30 cents a gallon to 40, 50, 60 and higher, I told myself I would give up driving if it hit one dollar. How silly I was! I bet $10 gas would not reduce driving much at all. Some, but not much. But small cars would sell like hotcakes and alternative fuels would get a big boost.

Answer 3

There is an alternative out there right now that's a lot cheaper than gasoline, most people just aren't aware of it. Let me tell you my story.
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A couple years ago I spotted an electric car for sale on eBay. On a whim, I bought it - it only cost me $2000. It took another couple thousand to fix up the rust and replace the batteries (it's quite old, from 1981.)
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But now I drive it to and from work every day. It gets about 4 miles to the kilowatt-hour, and there is a special off-peak electric rate available here for charging (overnight) of only 3 cents per KWH. So that's less than ONE PENNY per mile!
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It does freeway speeds, and looks and handles like a normal car. The battery pack is good for 20,000 miles, and costs $800 to replace, so that's another 4 cents per mile. Total cost of driving, 5 cents per mile - way cheaper than gas.
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And there's almost no maintenance! The electric motor has only one moving part - there's no oil changes, no filters, timing belts, spark plugs, coolant, none of that stuff. My motor still has all the original parts from 1981 - it has never needed service!
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I made a webpage - a picture of my car is at the top. Here's some info on how to find inexpensive electric cars:
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http://www.squidoo.com/cheap-electric-car/
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Answer 4

My guess is $4.00 per gallon, but it's just a guess.