Originally Posted by geog_dash
Funny cartoon.
Nonetheless, gas prices rise, driving habits stay the same. I wonder how high prices will go before the mighty auto is de-throned. My bet is on $4.00 / gallon. Then a big fill up will be triple digits. It will happen, but not soon. Not soon enough, IMO.
Most of Europe has been well over $4.00/gallon, which is about 0.85 euro / liter with the current exchange rate, for a long time already. The actual price in many places is over 1.2 euro / liter or more. No sign of the auto being dethroned, yet. Besides the gas price, the price of cars themselves is much higher in some European countries, because of high taxes / fewer subsidies and very expensive insurance. People still drive. Let's check again at $10/gallon.
Mikko