Thread: gas prices
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Old 09-01-2005, 07:40 PM
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fabsroman fabsroman is offline
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Join Date: Nov 2001
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Billy,

What you do not understand is that if we no longer need as much gas, the oil companies cannot charge as much. Simple supply and demand. If we aren't using what they have stock piled, then they will have to lower the price. The problem is that we Americans do not curb our driving at all when gasoline prices rise. We merely pay for it and complain the entire time.

If, all of a sudden, nobody needed gas, the price of gas would drop drastically and the oil companies would be out of business. Then, we would probably see an economic disaster too.

We cannot move away from oil too quickly without giving these companies something to diversify into, otherwise they will be bankrupt and there will be plenty of people without jobs. It is kind of like a fine line.

However, I can guarantee you that the next car I buy will be a hybrid and while I hate buying anything but a Ford, I might break tradition and buy the most reasonably priced hybrid.
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