In article <38qj14d0spphfqvemr7k7b387ag5mv5rp3@4ax.com>,
Hatunen wrote:
> On Wed, 30 Apr 2008 19:15:24 -0700,
> "EvelynVogtGamble(Divamanque)" wrote:
>
> >
> >
> >Alfred Molon wrote:
> >> Personally I'm wondering how the Americans are coping with the higher
> >> oil prices. The oil price has almost doubled in the past 12 months and
> >> tripled since the Iraq war. The impact has been less dramatic here in
> >> Germany, because of the strong Euro and because the price of car fuel
> >> has always been very high due to the taxes. But in the USA the car fuel
> >> price must have at least doubled over the past years.
> >
> >As nearly as I can tell, most of us complain a lot, and continue to
> >drive our gas-guzzling SUV's!
>
> After all, they might be a bit hard to get rid of. Even if they
> could be quickly sold, tehy represent a significant investment to
> most people, and the loss in a premature sale might cost them
> even more than the extra cost of gasoline.
>
> Any results from the ever-increasing cost of gasoline is unlikely
> to be seen until the next round of car replacement.
>
> >It's the contingent increase in prices
> >for nearly EVERYTHING, due to increased transportation costs, that is
> >the REAL problem.
>
> It's not just gasoline. A significant factor in the rising
> prices for foodstuffs is the increasing price of corn due to the
> demands of ethanol manufacture.
They say used car dealers are avoiding taking trade-ins of SUVs because
used SUVs have been sitting on the lots. |