TRAFFIC IN LOS ANGELES IS GETTING BETTER AND YOU KNOW WHY

Byron100

I won't argue your viewpoint, as there's really no way to determine the "tip point" of cost / demand destruction, but I just feel that it's a bit optimistic to believe demand will start dropping off at $4 and $5 a gallon. But yes, China could really change the equation if they stop their increasing demand for oil, but with so many billions of our dollars they're desperate to get rid of, I just don't see that happening anytime soon either.

The way I see it, gasoline is going to get very expensive in the near future. Adapt or deal...LOL.
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Nowhere to run, nowhere to hide...
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misterno

I don't think $5/gl is expensive. I lived in Turkey for many years. People pay $12/gl but make $1/hr. But nobody ever complains. Why? Because cars are much smaller, run on stick shift with diesel. and they don't use it all the time. Because they live in apartments like a hole in the wall.

So we will adjust accordingly, that's all. But I feel sorry for people living in the suburbs and SUV owners. Those houses and SUVs will go for a penny when the gas becomes more expensive. In Houston I am expecting to see huge skyscrapers to be made in the triangle of Galleria, downtown and medical center. That's my bet.

RedStateGreen

I'm going to soCal this summer to visit family one last time. I'm looking forward to seeing less traffic. Smile

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joeltrout · Light Sweet Crude Joined: Sep 19, 2007 Posts: 1317

dbruning

Got Sauce?
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misterno

wow that is a funny movie poster. I will watch it when I have time. It should be a rehearsal of what is to come Smile

I see dead people on Westheimer, people shooting each other over a gallon of gas. Himmm, where would I be then, and what would I be doing?

LOL

truecougarblue · Heavy Crude Joined: Dec 21, 2005 Posts: 471

Traffic is definitely lighter since spring break. The real test will be this fall once we fall back off daylight savings time.

My mileage has improved 10% over the last few months since I can now drive 65 the whole way to work. My breaking point long term is about $6-7/gal and at that point I'll most likely pull a "John Gault".
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Cougar

"Use it up, wear it out, make it do, or do without." - Brigham Young

Jack · Dark Lord Joined: Aug 11, 2004 Posts: 5085

Byron100

whereagles

It's hard to talk of a "tipping point" because at $4 stuff is happening already:

truckers going broke --> less stuff on shelves
airlines woes --> costlier tickets --> less air travel
overall company difficulties --> less producion --> recession

etc. While $4 may still look cheap (and it is, I pay ~$8 here), we may be tipping over already.

After it tips, it still takes a while to reach the floor Cool

truecougarblue · Heavy Crude Joined: Dec 21, 2005 Posts: 471

patience · Expert Joined: Jan 04, 2008 Posts: 1519

My old S-10 pickup gets 29 MPG with boring regularity. Don't think I want one of those Fiats.
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Local fix-it guy..

truecougarblue · Heavy Crude Joined: Dec 21, 2005 Posts: 471

...and it would be quite the sight watching you haul around 8 people in it. (9 passenger van)

RSB · Tar Sands Joined: May 13, 2008 Posts: 28