RalphVa said:
Make more sense to do what a lot of European countries do: tax gasoline more and hardly any tax on diesel. In Italy, for instance, the price of diesel was about 1/3 the price of gas.
Ralph
Diesel is more expensive than gas over here in europe at the moment Ralph. It used to be the case where diesel was 20% cheaper. But then everybody started buying diesel cars. Governments didnt take long to figure out where their losses were so they whacked an increase on the diesel tax...
From what I see, no matter where you are on this little planet of ours.... you are gonna feel the hurt of the global price increase.
But isnt it funny, did I hear somewhere that the fuel companies profits are up 600% on 2006? The rich get richer.... Unless we stop buying gas or our governments force the oil companies to halt the price hikes (which wont happen), things are just going to get worse... Its all about supply and demand.......
What I see happening over here in europe is people are adapting. Buying small cars with 1 litre engines. little 4 door micro compacts that get ~60 mpg. The day of the "big car" is long gone for joe average over here I'm afraid... The average engine size is now 1.4 -1.6 litre... Used to be 2 litre...
What will you guys do in the US with your big gas guzzlers when the price hits 7 - 8 dollars a gallon....? Were finding it hard over here with our small cars... Will the american love of the big, lovely sounding V8 be forced to come to an end?... Resigned to the weekend enthusiast or the very wealthy?
I have an audi A6. Its got a gasoline 2.4 litre V6. It is a relatively new car but the resale value of it is now hopeless beacuse it "only" gets 30mpg....