Originally Posted by Poguemahone
And no, I have no idea what the tipping point, where people begin to consume less because the price is to high, will be (or even if there is one).
Big business with its highly paid accounting staff will feel the pinch from increased fuel prices and cut back accordingly long before Joe Schmoe for whom it doesn't pay to count pennies.
In other words, inflation and possible recession will set in before we see any significant reduction in personal driving habits.