PEAK OIL - The New Y2K or The Beginning of the Real End? Message Board

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

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To: Triffin who wrote (716)	6/7/2005 11:42:53 AM
From: Jurgis Bekepuris	Read Replies (1) of 1183

>>Transportation fuel demand is pretty inelastic<< Is it? I don't agree. I know I drive a lot to places where I would not go if the fuel was expensive and I could not afford it. I believe that Americans just imagine that the demand is inelastic. Take a look at Europe and you will see that taxes worked there. >>>I never asked Detroit to produce/sell inefficient gas guzzling trucks disguised as SUVs..<<< But you have a choice what to buy. Detroit would not build SUVs if people would not buy them (they would not build Hummers either if there was no demand). Hybrids are available on the market, so don't tell me that consumer is not part of the problem. Consumer Jurgis

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