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newsReporter
Joined: 22 Mar 2005
Posts: 47
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 Posted: Wed Apr 26, 2006 2:44 am Post subject: Why The Pump Isn't More Painful |
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When it comes to energy, the media know the price of everything and the value of nothing.
Read more...
Source: Forbes.com Estate Finance News
Finance news and reports from Forbes.com
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Money-Helper
Joined: 02 Aug 2007
Posts: 76
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| Posted: Tue Aug 07, 2007 5:00 pm Post subject: |
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| People HAVE to drive (or so they have become accustomed to it) and so the price of gas can keep climbing before it hits anyone to the point of changing their lifestyle. |
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altyfc
Joined: 29 Dec 2004
Posts: 1232
Location: Aardvarkland
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| Posted: Wed Aug 08, 2007 8:50 am Post subject: |
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Maybe in the US. But in the UK I think it's a little different. Sure... people have to drive here too, and often public transport options aren't that great. However, our fuel prices are heavily taxed and, when I last looked, we paid something like four times as much per gallon of fuel. There would soon come a point, I think, if our prices went up significantly further, that people would cut down their tendancy to drive.
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