Since more cars are being made to get better gas mileage, therefore spend less money on gas, does that.....?

Question

increase the cost of gas in the long run? Because If there is less demand, then the cost goes up right? So isnt getting better gas mileage worse for the price of gas? Or is it more about the environment. Which by the way, global warming is a plot to get everyone scared and spending. The earth, every 10's of thousands of years, goes through natural changes. Sometimes it switches polarity, sometimes it cools, sometimes it warms up. Dont by in it all.

Answer 1

hmm. it might in the long run. but by then, maybe we won't be using gas at all! Go electric!!

I know. In my geology 101 class this past semester, I learned about this- we are, in fact, still in an ice age. a stragely stable one. It really should be getting hotter!

Answer 2

what is "normally" the rule is that the more demand, the more the cost...but here,. in the good old US of A, if we were all to begin conserving and buying less, prices would probably increase so that the companies supplying us with whatever, could maintain their bottom lines...at our ( the consumer's)

expense.

About global warming...you only wish it weren't true cause it scares the h**l out of you...green house gases are a fact.

Answer 3

but its hotter today than it was yesterday......

just kidding, my opinion  is that as people we arent helping the environment, i think it is impossible to live here and not leave any kind of mark, but we can do better.  As to gas price, If we shift our thinking and get on alternative energy sources, then gas price wont  matter.  So I have lots of ideas and opinions just like the next guy, bring on the thumb downs

Answer 4

It's all because of Bush in the white house.  He refuses to use our own oil reserves and insists that we continue to buy from expensive sources. He just doesn't care about the affects of high gas prices, because his whole family has owned oil wells since the 50's. He probably sits there going," cha-ching, cha-ching." When the prices of gas rose drastically, he wasn't even available to explain it to the country, or what he intends to do about it. Just like the 911 tragedy, or the tsunami thing.

Answer 5

No, because the rate of increase in fuel mileage per gallon isn't comparable to the overall increase in demand for fuel.

The big driver for fuel prices is market speculation. The cost of fuel production isn't three times what it was three years ago -but that is the change in fuel price. The market isn't a "friendly puppy" but a tiger.

Incidentally, whilst climate change may be natural, there is no reason for us as humans to be poor stewards with the resources that we have.

Answer 6

Wow... you don't even understand the basic concept of supply and demand???  The greater the demand, the higher the price.  The greater supply, the lower the price.   Think for ONE SECOND, rare things (diamonds) cost more, abundant things cost less (dirt).  No wonder this country is in so much trouble.

Most iof the gas price increase at the moment is due to the dollar's decline in value.  The dollar is worth less than it used to be, so you need more dollars to pay for stuff. Plus, investors (speculators) are buying oil as a hedge against the dollar, driving the price up even more.  Howver, there is no shortage of oil, so that speculative bubbe will burst, just like the housing bubble and thwe internet stock bubble, etc.

Answer 7

Global warming is nonsense.

We havent seen temperature changes since 98, infact the average earth temperature seems to be dropping slightly in recent years.

But pollution itself should be a real concern, global warming or not.

Energy prices arent much affected by the miles per gallon of your car. Its like a drop in a barrel.

How many cars on the road per person is a much greater concern.

China's people have very few cars per person, if they start buying cars at the same rate as the US and other industrialized countries then energy will actually be difficult to distribute.

Right now the price of energy is mostly determined by political games and uncertainty rather than following supply and demand.

Its a kinked demand curve, it doesnt reflect the real situation.

Mileage does not affect the price of gas now, in the long run, the very long run, when we start running out of oil it will.

But for now we have an unlimited supply from an economics standpoint.

Answer 8

Global Warming is a myth

http://www.foxnews.com/story/0,2933,3463...

I'm a fan of taking care of the Earth. I just don't want to taxed because of a fake thing or taxed because others are not trying to utilize resources.

Answer 9

The LAW of Supply and Demand:

Price is proportional to demand/supply.

Therefore, as either demand gets smaller or supply gets larger, the PRICE will decrease.

Economics 101.

Answer 10

about the gas there is no excuse for it rising up so high, because cars are not the only ones that depend on it.

i guess you havent been watching tv, the polar bears are dying, the seals and walrus are losing there home the penguins are dying i guess its all make believe that not even 2 months ago a chunk of ice the size of 1,250 square mile Larsen B Ice Shelf collapsed off  Antarctica  and disappeared into the ocean and i guess that sea turtles are having less and less room to lay their eggs because water levels are rising and losing land space to lay them, im sure they are not making all this up hummmmm.. maybe its all computer graphics.

edit:

maybe there is some exageration to when it will happen or how fast but stuff is definitely happening and not for the better as far as i can see.

Answer 11

Less demand will drop prices... typically.  You seem confused with supply and demand.  

And the increase in fuel is inevitable unless the product is obsolete (which oil is not).  The demand has caused a supply shortage which results in a higher price.

Demand up=price up

Demand down=price down

Supply up=price down

Supply down=price up

Answer 12

good point i never thought of it like that, but not everyone is going to buy a car like that. lots of ppl are buying huge guzzlers still

Answer 13

Less demand makes the price go down.  Gas is different though, because there is always demand.  The raise in gas prices is due to the belief that gas is being fazed out.  Everybody is going to be using some other form of fuel in 20 years, so they want to get as much money for it now, while it's still valuable.

Your opinion on global warming is unrelated, and has no factual basis.

Answer 14

IT's like water in south Floriduh , they complain because of a water shortage - then put restrictions of one day a week - THEN RAISE water prices because PEOPLE aren't buying as much water.. WHAT does that tell U ?