You chose to live in the suburbs--don't complain about the price of gas.
Part of the problem is most *experts* on TV do not understand economics. Gas is mostly an inelastic good, it is not *perfectly inelastic* but inelastic none the less .. unlike most other products. An elastic good is one that demand will fluctuate based on the price. If for example, (with everything else being equal), you have a choice to eat chicken or beef and they both cost 3 bucks per pound. You will chose whatever one you prefer. Now if the price of one of them doubles to 6, the demand for it will drop, and the demand for the lower priced one will go up. With gas, it does not matter the price, the demand for gas will remain fairly constant.
Most people you see talk about gas on tv, talk about gas as if it is an elastic demand, when it is not. People HAVE to use gas no matter what the price is, and there are only so many ways to reduce usage. There is not really much of a short term alternative for anyone, bike, walk or take mass transit but for the majority none are an option. Yes you can cut down on gas a bit, but you still have to buy it. Even if you decide to buy a hybrid, you STILL have to buy gas, and the MPG's on hybrids are not even that good. The best is what.. 46 Mpgs? and only two have broken the 40 mpg markn(may be old data on that part). They should be doing much much better than that today, but the reality is.. they WANT you dependant on gas, it is why there are no real alternatives. People say, move close to work, move to a city.. Not always an option and even if it is.. it is a LONG term option. Buy a hybrid, again not a short term solution, and by the time you sell your car and buy a new one you very well could spend MORE money than it will cost to just buy the gas.
Gas companies raise the price of gas everytime oil goes up, and they say it is because gas is a commodity and they are just following the market, even though the gas you are actually buying was made months ago when the price of oil was $30 lower lol like clockwork, oil goes up - gas goes up almost instantly.. however when oil goes down, it takes a week or so for gas prices to actually start falling. Their argument always falls down on the back side, when oil is falling.
ok enough of my inane ramblings. And no I am not bitching about the price of gas, I drive all of 5 miles to work everyday so I hardly notice it, but I really get sick of all the *experts* I see on TV that do not know what they are talking about.. of course maybe I don't either

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