Q&A on Gas Prices and Transportation Issues
May 28th, 2008 at 2:13 pm

In New York City, the average cost for a gallon of gas is now at around 4 dollars and 14 cents, well above the national average of 3 dollars and 88 cents. With the summer travel season upon us and gas prices at an all time high, consumers are deciding whether they can afford to travel. So how are gas prices affecting Americans? And what are some of the money-saving alternatives to driving?

Two experts did a Q&A on the most recent NewsHour’s Insider Forum, fielding questions on how to save money while driving to why public transportation is less of a viable option in the U.S.

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COMMENTS
6 comments

#1
5/27/08 :: 7:58 pm
Dave Kovac Says:

The ever increasing price of fuel will impact the entire eco/social way of life in this country. Our economy is in part, designed on a model of mobility. This involves the mobility of commerce (goods and services) including personal vehicle, rail , truck, shipping,Business travel,(personal vehicle ,air, public transportation ), and recreational travel,(personal vehicle, air, rail, bus etc. ). The effect of the consumers ability to choose the frequency of this mobility, based on needs and expenses, will greatly impact this model of mobility and force our economic machine to either stall completly or under go a paradigm shift unlike we have ever witnessed.

#2
5/28/08 :: 9:38 am
BenInBrooklyn Says:

I agree with Dave’s assessment of the impact gas prices will have on our society, and that our way of life is based on the concept of mobility. BUT, I do think that this dependence upon fossil fuels to enable this mobility is the cause of too many global problems (climate change, air pollution, petro-political conflicts, etc.). I think the bright side of high gas prices is that it will force us to make some much needed changes to our resource-intensive, inefficient mobile lifestyles. Will it be painful? Probably yes? But it’s unfortunately come down to being forced to react and adjust by economic forces. It would have been less painful if enlightened political leaders would have helped us make these adjustments more gradually many years/decades ago.

#3
5/28/08 :: 5:25 pm
James H Skwirut Says:

I filled up my tank this morning. The price was $377.9. I was charged $383.9. Six cents a gallon for using a credit card. Is that legal?

#4
5/28/08 :: 7:59 pm
CashVCredit Says:

James, what most likely happened is that there was a small little two word card next to the price titled “Cash Price” with the credit price in much smaller font under that.

Yes it’s annoying, but it is most likely legal, however not all that common thankfully.

#5
5/28/08 :: 11:11 pm
Dan Says:

Get ready for realpolitik like this generation has never experienced it. Ben is right, but “painful” may not adequately represent the reality of the impact of the equilibration of energy prices on everyday life around the world. Chaotic, unstable, volatile AND painful!

#6
5/30/08 :: 3:41 am
George Paavola (ex-trucker) Says:

The large oil companies should revamp their old refineries(which are falling apart), and build new ones to handle the growing demand, to bring prices down back to normal (instead of hoarding the profits). They should be ashamed of themselves!

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