Wednesday, April 26, 2006

Gas Prices

I welcome high gas prices. In fact, I hope gas prices keep rising. High gas prices will impact consumers enough to demand fuel efficient automobiles and the advent of alternative fuel sources. This is good for the earth and consumers in the long run.

This is evidenced by the advertising that's been making the rounds lately. Just the other day I saw an ad for the Toyota Yaris, touting its 40 MPG rating. Look at the number of hybrid cars on the market. The tide is turning, my friends, and high gas prices are the reason why. (Let's be honest. Most people won't buy a hybrid solely because it's good for the earth. They need a little pocketbook motivation, so to speak.)

I don't feel the hurt of high gas prices, as I'm an urban dweller in Chicago. I take public transportation as often as possible. I have about a third of a tank in my car right now and I haven't filled up in about two months. My transportations costs are relatively fixed and are independent of gas price swings.

Let 'em rise, folks. In the long run, it will be for the best.


Travis said...

[Imported comment* originally authored by aaron.] I'm in the same boat as you, however, just because you don't directly feel the hurt on your pocket book, you will indirectly. It probably won't be for a month or 2, but those high transportation prices for businesses are simply going to be filtered down the consumer.

Travis said...

[Imported comment* originally authored by jason.] hell, i'm a commuter for another week and i welcome the gas prices. i also don't own a 15mpg SUV, so that may be part of it.

Travis said...

[Imported comment* originally authored by Travis.] Aaron- good point. Even things like groceries must be transported to the store, and that cost will trickle down to consumers. Even still: it will be for the best in the long run.