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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Road Walker who wrote (330801)	3/29/2007 10:27:53 AM
From: Elroy	Read Replies (2) \| Respond to of 1576289

Gasoline is the lifeblood of our economy, and ultimately it's not under our control. No commodities are under USA control. As long as using gas to drive somewhere derives more benefits that it costs, people will drive there and do whatever it is they want to do. the good news is the US can (probably) bear the higher price of gas more than other countries. So guess what, even as gas goes from $1 per gallon to $3 per gallon, Americans are still able to spend $60 to buy 20 gallons and get more value out of that gas than are the people in the rest of the world. Our ability to pay the higher cost of gas and therefore gain the benefits of the lifeblood of our economy is a strength, not a weakness. The rest of the world, which can't afford what is for them now $6 per gallon gas (thanks to their taxes) is suffering more than Americans.

To: Road Walker who wrote (330801)	3/29/2007 3:06:00 PM
From: TimF	Read Replies (1) \| Respond to of 1576289

Given time to adjust over 25% of driving is discretionary. Also in addition to driving less people would accelerate slower, use brakes less in non-emergency situations etc, if they had to pay $10/gallon for gas. Public transportation use would grow. Given time people would get more efficient cars, or change their living and working situations so they live closer to work. As for tourism and malls taking hits. Sure they would. But they also would under explicit rationing.