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To: Scumbria who wrote (125465)1/18/2001 1:37:26 PM
From: Gary Ng  Respond to of 186894
 
Scumbria, Re: In the UK the cost of petrol is over $4 a gallon, but people still drive everywhere.

Yes it is true in Europe too(and HK as well). But Corolla are considered to be 'full size sedan' and there is lots of 600-1000cc small cars which I doubt anyone will drive in US.

gary



To: Scumbria who wrote (125465)1/18/2001 1:40:40 PM
From: GVTucker  Respond to of 186894
 
1. If the price of gasoline was $8/gal in the UK, there would be less consumption. If the price of gasoline was $2/gal, there would be more consumption.

2. Note that the marginal propensity of a Californian to drive has absolutely nothing to do with the current problem. The price and supply of natural gas is very different than the price and supply of gasoline.


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