I have no clue on actualities or real-world basis for my response, but I'd think that Gas prices would only go as high as people are willing to pay if there is enough supply. People still drive SUV's and we still drive the sport mobiles. The Oil guys would rather see you driving a gas mobile vs alternative methods if that means they have to cut profit a bit. And on another note a $600 a month lease for a hydrogen powered sedan? huh?
I think oil going up is a good thing, That's why I bought a Corolla about 6 months ago. We need a change in people's thoughts not to buy these POS H2's and now gas is > the cost of the car.
I would think plotting a graph of whosale crude prices vs pump price over the last 10 years might be interresting,does someone have the skills to plot that data for us.It might help us to figure out how much if any comodity speculation and corprate markup/greed accounts for the increase in pump price.
If its gas mileage you want... hybrids aren't the answer.
And the technology does exist. Were just friggin' ignorant in the states. Take cars in europe for example... VW Lupo TDi? 75mpg.
I think oil going up is a good thing, That's why I bought a Corolla about 6 months ago. We need a change in people's thoughts not to buy these POS H2's and now gas is > the cost of the car.
And you can't blame the oil companies, either. They are doing what they are supposed to do, upholding their duty to their shareholders.