The Daily Ping

The 1st Ping was published on January 6, 2000.

May 18th, 2004

Gas Price Breaking Point

Gas is getting more expensive in America. That’s no surprise to anyone – just visit your nearest service station, and you’ll see the evidence.

Last week I was perusing the Chicago Tribune’s site, reading an article on the gas situation. There was a poll that accompanied the piece, asking what one’s “breaking point” would be for gas: the price when you decide it’s just not worth getting anymore.

The choices were $2/gallon, $3/gallon, $4/gallon, and $5/gallon.

For me it was pretty easy: $3/gallon. Denver is already in the low $2.00 range, and I know some areas of California are up near or over $3.00. But if everything got to $3/gallon (and California skyrocketed to $27.99/gallon) I suspect people would start reconsidering public transportation and gas-guzzling light trucks. The sad thing is that, in some areas, public transit just isn’t an option. Which means the oil companies have us over a barrel. (Get it? Barrel? Oil? Hah!)

I was surprised that more than a few people said $5/gallon, though. What about you?

Posted in Cars

Paul May 6, 2007, 3:42 am

Man, I was way off in my original Ping:

“But if everything got to $3/gallon (and California skyrocketed to $27.99/gallon) I suspect people would start reconsidering public transportation and gas-guzzling light trucks.”

Not true: gas is well over $3 both in Chicago and in SF ($3.33 and $3.69 respectively for 87 octane) and no diff. Opps!

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