SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: slacker711 who wrote (114167)6/29/2009 5:50:30 PM
From: cosmicforce  Respond to of 544139
 
>>Global warming alone is unlikely to ever be enough to get Americans to go along with having gas permenantly above $3 a gallon.<<

No, it will be better-quality food prices that first go up in relative terms (as they have done for the past 10 years). Compare the cost of real chicken to "McChicken"-type products over time. Poor-quality food will remain cheap in relative terms for the poorest consumers, but will be expensive in absolute terms because of the impact on health care costs from eating a diabetes-inducing diet.

This is a 20 year assessment so there can be ups and downs on individual commodities depending upon who has the helm between now and then.



To: slacker711 who wrote (114167)6/29/2009 8:16:05 PM
From: Wharf Rat  Read Replies (1) | Respond to of 544139
 
Without going back and checking the history, I think Europe went with the gas tax after either the first or second oil shock in the 70's, to push down consumption, either by driving less, or by developing more fuel efficient cars.

"Global warming alone is unlikely to ever be enough to get Americans to go along with having gas permanently above $3 a gallon."

Won't be GW; it will be the result of peak oil


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News