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27 comments on How much is too much for gasoline?

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Gloomy on October 17, 2005 - 10:48am

I wonder if there is a graph of gas price as a percentage of disposable income. I could not find one anywhere but I strongly suspect that only in Saudi Arabia and Kuwait gas prices will have lower impact on personal income than USA.

Sometimes I catch myself thinking of Peak Oil as "Peak USA". This is the only country in the world which has not recognized yet that oil is depletable resource and that relying on it is equivelent to digging your own grave.

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GreyZone on October 17, 2005 - 1:12pm

CNN compiled this data from spring of this year:
http://money.cnn.com/pf/features/lists/global_gasprices/price.html

IEA follows certain countries going back for years. Here's their graph:
http://www.eia.doe.gov/emeu/international/gas1.html

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“The aim of every political constitution is, or ought to be, first to obtain for rulers men who possess most wisdom to discern, and most virtue to pursue, the common good of the society; and in the next place, to take the most effectual precautions for keeping them virtuous whilst they continue to hold their public trust.”

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