Fuel Economy, Hypermiling, EcoModding News and Forum - EcoModder.com - View Single Post - "High gas price amnesia" is setting in again

MetroMPG · 11-01-2014, 06:17 PM

One thing I keep reading is the the current decline in prices is "different this time". More structural rather than cyclical.

EG: the second last time we had a big spike in prices ('08), the U.S. was not awash in oil from North Dakota as it is now.

Although sources like those and Canada's oil sands are really only economical to produce when prices are high, so...

11-01-2014, 06:17 PM	#31 (permalink)
MetroMPG Batman Junior Join Date: Nov 2007 Location: 1000 Islands, Ontario, Canada Posts: 22,527 Blackfly - '98 Geo Metro Team Metro Last 3: 70.09 mpg (US) MPGiata - '90 Mazda Miata 90 day: 54.46 mpg (US) Even Fancier Metro - '14 Mitsubishi Mirage top spec 90 day: 70.75 mpg (US) Appliance car Mirage - '14 Mitsubishi Mirage ES (base) 90 day: 62.14 mpg (US) Thanks: 4,078 Thanked 6,976 Times in 3,612 Posts	One thing I keep reading is the the current decline in prices is "different this time". More structural rather than cyclical. EG: the second last time we had a big spike in prices ('08), the U.S. was not awash in oil from North Dakota as it is now. Although sources like those and Canada's oil sands are really only economical to produce when prices are high, so... __________________ Project MPGiata! Mods for getting 50+ MPG from a 1990 Miata Honda mods: Ecomodding my $800 Honda Fit 5-speed beater Mitsu mods: 70 MPG in my ecomodded, dirt cheap, 3-cylinder Mirage. Ecodriving test: Manual vs. automatic transmission MPG showdown EcoModder has launched a forum for the efficient new Mitsubishi Mirage www.MetroMPG.com - fuel efficiency info for Geo Metro owners www.ForkenSwift.com - electric car conversion on a beer budget