People have been complaining about the price of gas for years now. It was a long time ago that we paid $0.50/L. I was 18 years old when I saw a gas war bring the prices to below 30 cents. Now, anything under $1.20 is cheap.
I've seen people come up with schemes. Don't buy any gas on Tuesday that will force the gas companies to reduce their prices. NOT!!!
The only way to reduce the price of gas is to reduce your consumption. If everybody used less gas, then the price would drop. The old supply vs. demand still applies here. Unfortunately, the only thing that will twist people's arms to reduce their consumption is raising the price of gas.
2 comments:
Good to see you bloggging again my friend.
I'm actually in favour of high gas prices. Not that I want to see the gas companies gouge us, especially the urban poor. But the fact is we are far too dependant on gas. The reason we don't have alternatives is that gas is still relatively cheap.
Honda is coming out with a Hydrogen car. It is currently only available in California. The concept of hydrogen as a fuel is a great idea. It burns clean and hydrogen itself is a renewable energy source.
Now Honda also designed a home service station, that from the looks of it, it would be nearly impossible to have in your home. The shortfall that I can see is that from the home service station converts natural gas to hydrogen (CH4) to (H2). Now they are going to switch our dependancy from one non-renewalble ressource to another. We have all the hydrogen that we need stored in water. But seperating the molecule requires alot of energy. But I believe that this is where we need to start looking and investing.
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