<Minimal Behavioral Adaptations to Oil ShocksThe Oil DrumDriving the European GDP>

24 comments on Another gentle cough!

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Engineer-Poet on October 22, 2005 - 8:25am Permalink | Subthread | Parent | Comments top
New sales have also cratered, which means that the ones which wear out are unlikely to be replaced.

This should have been done by energy policy immediately after 9/11, but at least it's a start.

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BalticMan on October 22, 2005 - 12:42pm Permalink | Subthread | Parent | Comments top
In response to Engineer Poet's comment on those big SUVs ("New sales have also cratered, which means that the ones which wear out are unlikely to be replaced.")

Hmmm...let's say that $3 per gallon gasoline is the trigger point for making SUV owners and owner-wanna-bes re-think their choice.

What's next on the scale of gasoline usage -- smaller SUVs? Pick-ups? Minivans? And what might be a relevant price point at which those owners start re-thinking? $4?

Anybody have any thought-provoking data?

Here in a small town in Lithuania, I have begun to notice the occasional cross-over or small SUV parked in the typical 10- or 12-vehicle parking lot. $4 per gallon gasoline, roughly. And yet those larger vehicles are appearing...

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