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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: Bearcatbob who wrote (662)5/31/2005 7:08:33 PM
From: Jurgis Bekepuris  Read Replies (1) of 1183
 
Well, $4 per gallon gas that is so common in Europe for the last decade could have improved American fuel efficiency and prepared USA more for Peak Oil. Was this possible politically? I don't know and I don't want to start a political argument.

There are other issues with $4 per gallon gas though: the governments that got used to high gas-tax revenues now will have to tighten their belts unless they want to see $6-10 per gallon gas in Europe...

Jurgis - did Europeans do better?
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