The price of gas

An analyst is predicting $7/gal gas by 2010. This is beginning to approach the price of gas in Europe, where prices are typically $8-$10/gal (see this table and scroll to the bottom for recent numbers). This is of course a problem in that it’s a huge burden to working poor who can’t afford to get more fuel-efficient cars or telecommute, but it seems that this is the only way to get Americans to take energy and transportation alternatives seriously. Hopefully something good will come of this.

The sense of entitlement about low oil prices is astounding.