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Page added on June 11, 2008

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Why You Should Embrace $4 Gasoline

Everyone should want cheap transportation. Everyone should want to return to the days when filling up your automobile didn’t incinerate your savings. Your 100-mile daily commute shouldn’t consume half of your paycheck. You deserve better.

And that’s exactly why you should embrace $4 gasoline.

Huh?
Nearly every “solution” to the current gas situation involves lowering prices. There are all sorts of proposed ideas, from establishing gas-tax holidays to scolding Big Oil companies to building more refineries. Some of those ideas would indeed lower prices. You can’t blame people for wanting to pay less.

But reining in the assault on our wallets isn’t the only thing to focus on. The ultimate goal is to wean ourselves from our love affair with oil altogether. And by “weaning,” I don’t mean making it cheaper to commute in Hummers. There’s only one ultimate solution to the oil dilemma: to consume less oil.

Motley Fool



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