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Politics : Politics for Pros- moderated

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To: Bearcatbob who wrote (305758)	5/19/2009 2:30:12 PM
From: Nadine Carroll	2 Recommendations Read Replies (1) of 793717

I have always thought rising prices would drive higher fuel economy car purchases. I guess I was wrong. We never have had sustained higher prices. I saw one car guy (forget his name) explain that you really needed gas to go up to five dollars and stay there for several years, because the new car cycle needs time to react. People don't buy a new car every month or every year. Even last summer's four dollars seems to be a tipping point, but it didn't last. Don't worry, Obama will introduce a gas tax. Just a question of when.

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