Join Date: May 2004
Location: Toronto, Canada
Demand for fossil fuel is not going down (much) in the industrialized world, and China/india etc are increasing in demand, meanwhile the supply is pretty much maxed out, AND the US$ is losing ground against other world currencies. Reducing fuel taxes might seem like a good idea, but if it has the effect of increasing demand and increasing consumption, that would make shortages in the years ahead to come sooner and be even worse.
Gasoline is about C$1.20 per litre here, and that's still cheap compared to Europe.
Today's world price, just short of US$114 per barrel ... a record.
The USA (and Canada) need to go on a massive conservation effort *and* a massive effort to substitute the use of fossil fuels with renewable energy.
My daily driver is already the most economical vehicle that suits my needs (Jetta TDI diesel). Anyone spending $18 a day on gasoline owes it to themselves to get a more economical vehicle (or move closer to work), because that's well more than the monthly payment on a Toyota Yaris!
Helibars, MRA screen, Ohlins damper, reversed shift pattern, sorted suspension, braided lines, Michelin Pilot Power, all else stock 'coz it's fast enough!