The cost of a barrel of crude oil went above $88 today for the first time. Since we humans love nice round numbers, as it nears the $100 mark we will start to hear more and more about the issue in news reports.
While some fear the rising prices could wreak economic havoc and even a major depression, I fall into the camp that believes higher fuel prices might be beneficial for changing the collective behavior and attitude towards energy consumption. How much does a gallon of gasoline need to cost before Americans seriously change their ways (or affect change in the marketplace with their consumer behavior)? $5? $10?
But, at the same time, we don't want prices to rise by too much too fast. Even if you don't personally own or use a car, the cost of transporting goods from A to B will lead to increased costs for the everyday consumer.
So, I'll pose this question to all of you. How much is enough to affect change but not cause the Great Depression II? Does it even matter? What are your thoughts?
UPDATE: This post was published a few hours ago...and since then I was thinking about this some more. I mentioned that I fall into the school of thought that high (but not too high) energy prices might be good in the long run. So, how am I preparing for that?
I don't claim to be someone with all the answers, nor do I claim to be someone who can be excluded from the problem. I hate that ivory (or is it green) tower rhetoric. I am certainly part of the problem. That being said, we (me and my girlfriend) are trying to take steps to reduce our overall consumption.
- we share one high-MPG car (>30 mpg) between the two of us
- we take a commuter train to work instead of driving (~90% of the time)
- we live in a city where we can walk and/or take public transportation for many (but not all) errands or entertainment
- our city has a great composting program now, so we get those biobags and try and compost as much as possible
- we are trying to be mindful of purchasing items with wasteful packaging (e.g., no bottled water...tap water is fine)
I don't know if these steps make much of a difference. But, in a way, it's more about changing attitudes towards optimizing energy usage and efficiency. I don't know...if we ever have kids, they'll hopefully grow up thinking doing all these things (and much more) as "normal".
What else could we do? A lot, i'm sure. We looked into a hybrid, but simply could not afford it. And, the one thing that keeps our "footprint" higher than we'd like is flying. We both have family scattered about the country and like to visit them multiple times in one year.
If you have thoughts or ideas about this, feel free to chime in below.
Note: Related to this topic, back in May, I posted my review of the film End of Suburbia, which addresses predictions and speculations about what happens to the contemporary American lifestyle when oil (and thus gasoline) gets too expensive.
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