Re: Diesel 9,5$/gl in Norway

On May 9, 1:41=A0am, JD <jdblackwe...@[EMAIL PROTECTED]
> wrote:
> Trust me, armed revolution will happen and the citizens will demand that
> all the domestically produced diesel the oil companies now ex****t stay
> onshore long before diesel hits $9.50/gal. As spread out as the US is
and
> the critical impact of fuel prices have on our economy I predict a lot
of
> things will change here before prices get much higher. CAFE standards
will=

> get much more aggressive which could easily reduce our consumption by
30%.=

> Property values in the suburbs will drop like a rock as people start
movin=
g
> closer to work (this is already happening)


I hardly think commuters moving to places like central NJ and paying
$700K for houses are going to be all that concerned about paying a few
bucks a gallon more for fuel.   The average car gets driven about 15K
miles a year.   At 20MPG, that amounts to 750 gallons of fuel a
year.    An extra $3 a gallon amounts to $2250.   Will that be a
hardhip for some people living in the US?  Yes.    But here, for
people commuting to work in NYC, that's a drop in the bucket compared
to income taxes, real estate taxes, health insuracne and all the other
high costs of living that they manage to live with.  And what would
moving to the big city solve?    The cost of living differential there
will make the extra few bucks a gallon gas look cheap.




and we're going to finally start
> getting serious about mass transit like Europe is. Tax breaks for buying
> stupidly wasteful SUV's will go away no matter how loud Detroit cries.

And exactly what tax breaks are those?


> $9.50/gal will NEVER happen here.


It could, if we don't do some common sense things to increase supply.




>
> JD
>
>
>
> rd wrote:
> > Hey you Americans talking about expensive fuel.
> > Ceep calm, it will surely reach you as well.
> > RD- Hide quoted text -
>
> - Show quoted text -