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Re: Zardiw post# 75663

Sunday, 11/07/2010 8:46:30 PM

Sunday, November 07, 2010 8:46:30 PM

Post# of 312030
I disagree. People will not necessarily change their driving habits (we all have to work) but it sure will change what they drive, and the effect is the same. In Canada in 2007 the price of gas was 1.40 for a time. When it gets to that level a totally new economics takes place. When was the last time you saw a Hummer? It will change what cars sell (where is the old GM?), what care people buy, what alternative energy companies have a chance at success, etc...

The Old North American auto industry got blown away because they were not successful at making smaller cars. The Japanese won that one....

It will happen when ...