Speed limit - Wikipedia, the free encyclopedia
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It seems many people do not place a value on their true expenses, rather, they would sooner drive at 20%+ over the speed limit to save 2 minutes. Why not just leave two minutes earlier?
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2/3 of the people (there are articles about this) don't budget and their notions of what they make and spend are vague at best. They simply don't know AND don't care to know.
Additionally, these same sort of people- in probably similar numbers- don't consider and/or are not intellectually capable of considering the (usually miniscule) effect of speed on trip time.
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I think you are right, there would be much gnashing of teeth and plenty of blame, but no behavioral insight.
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I think that as long as people buy gas on credit, the price will have minimal impact on gas usage and it won't effect change unless/until the credit card expense becomes great enough to displace something essential- say, eating or housing- out of affordability.
P.S. Upon further reflection, I wonder how many actually would change their fuel consumption habits
regardless of buying it on credit or being able to afford fuel, food, and housing all at the same time? I imagine some percentage would; that said, how many Uhmericans that lost their homes to foreclosure recently made any effort to economize? In my (prejudiced) view, probably not many at all. They opted to live out of their shiny new GM Subdivisions instead. You can tell from posters on other forums like GasBuddy that there is a significant population that feels resigned/helpless/unconcerned about getting pathetic fuel economy.