On 1/3/2012 7:34 AM, Han wrote:
"Mike wrote in
:

That raises an interesting question. My first thought was that if gas
were cheaper, people would travel more and the result could at leat
approach, or move in the direction of shortage. Then a second thought
occurred. Would it really? Maybe to a small degree for sure, but do
people really have the time, the money and the inclination to just up
and start traveling more, just because gas is cheaper? I'm not so
sure that the cost of gas has created a huge reduction in people's
travel habits over time. Reducing the price to something like $2 per
gallon might not have as big of an impact as first seems.

The cost of gas is 1 thing regarding travel costs. Another is tolls
(around NY City they just about increased 50% for just about all - it's now
$12/car to cross the GWBridge into Manhattan). Another is lodging, if
you're talking about recreational travel.


AND eating out.