US Gasoline Prices Spur Telework

coondoggie writes "The price of gasoline may finally be changing the way many people commute and communicate. Anecdotal evidence says teleworkers are growing rapidly as a direct result of the cost of driving. The article links a survey indicating that in Q1 2007 the 19 largest US cable and telephone providers (representing about 94% of the market) acquired over 2.9 million net additional high-speed Internet subscribers, to a total of about 56.2 million. That can be attributed in part to more employees taking advantage of telework programs, experts say. Just this week the House Judiciary Committee's antitrust task force opened the first of a series of hearings on the oil industry. Its chairman noted that gasoline prices have soared well above $3 a gallon and asked, 'How did we get into this mess?'"

Comments

There is no good fix for the sprawl.

[Colin Smith]

I disagree:

http://www.personalrapidtransit.com/

Re:Gas Price in Europe is $10 Per Gallon

[fbjon]

Indeed. An interesting quote:

"European per capita consumption of gas and diesel stood at 286 liters a year in 2001, compared to 1,624 in the US, according to IEA figures."

Re:How?

[Afrosheen]

*golf clap*

It's nice to see when someone really gets it. Gasoline, around the globe, isn't a supply and demand-priced commodity. Demand will always be there and as the worldwide population increases, it will only continue to rise. I give it about 20 years before we see a paradigm shift to alternative fuels like hydrogen really take hold. Even then, US corporations will prevent adoption until the last drop of oil is extracted from a previously protected wildlife reserve. NOW is the time that major infrastructure changes should be made, but instead of spending record profits on upgrading infrastructure, it's just going straight into the bank.

  Don't be fooled by what CNN, Fox News, Wall Street Journal or anyone else tells you about the cause of oil prices. There are a hundred excuses at any given time and they are all lies. During Katrina, when we saw a huge spike, it was because Gulf refineries were damaged. Another week and it's trouble in Venezuela or Nigeria. Another week and it's failures in Iraq. None of it has any direct implications for Exxon and friends, because if it did, then they wouldn't be making huge profits...profits would be flat. The opposite is actually true and the current US administration is complacent on letting big oil do their thing.

  However there has to be a limit. The more people spend on fuel, the less disposable income they have for other goods and services or even mortgages. Gas prices simply cannot continue to skyrocket while the economy limps along with GDP increases of 1.5% or less annually. Eventually it will become so expensive that people will trade in their Hummers for a Prius or start taking advantage of public transport (where available).

  I really hate to even think of the US economy and fuel prices because the system is so corrupt there's not much you can do to influence change at this point. Just pray that we get a better administration in 2008.