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Its hilarious how short sighted the US car market is.
When gas prices also spiked around 2008, the Toyota Prius hit sales records year after year. Then as soon as gas dropped, Prius sales also immediately dropped, while SUV sales began to climb to records again.
Its like nobody realizes gas will ALWAYS keep going up, and it will always find a floor price above where it was before....
I can't afford any of that shit though, so I'm scrabbling together parts to build a moped out of an old bicycle.
I remember this cause I was living in a place where gas topped $5 a gallon. The federal minimum wage was $5.85 for the first half of that year. Basically my first and last hour of work was really just paying the gas to get to/from work. Running $5 through an inflation calc and that would be about $7.59 today.
My parents bought a Lincoln Navigator during that time…🤯 The dealer understandably was super motivated to get rid of it. It gets ~12 mpg around town. A bit after those price hikes they started pumping oil like crazy though and prices hit rock bottom around $1.60 though. That likely caused the mass purchasing of giant SUV’s again.
Yeah no sympathy here (for America, not for you).... you're exactly right, the writing has been on the wall for so long.
Enjoy filling up your daily commuter F-350 with duallies. Stupidity and/or ignorance and/or complacency has a price.
It will always go up in nominal terms. That’s true of everything, due to inflation. It’s not always true in real terms, adjusted for inflation.
I’m actually stocking up on popcorn to watch the price of gas over the next decade as most of the world transitions to EVs
The thing is, as companies adjust to changing demand, supply will be out of balance. We’re in for a wild ride as price stability is the first thing to go.
Will people still not see it as it happens? They’ll see the low prices and buy ever larger trucks, then another refinery closes and prices will be high. Surprise!
It really hurts people like me driving a 20+ year old car with over 200k miles cause I can't afford anything else.
If hybrids and EV's were cheaper, it would be a lot better for everyone. But the current administration hates electric vehicles and saving lives, so oh well.
Toyota Prius vehicles are cheap and plentiful, but EVs are lacking in choice, sadly.
Good thing the pig-headed, slack-jawed, gas guzzler jackasses didn't put up so much of a pointless tantrum that most manufacturers stopped producing EVs altogether.
Oh, wait.
Oh, now it matters? Fucken idiots. Won't make our own society more resilient until the thick of it is wriggling up our asses.
Wait until you hear how the average American treats concerns like climate change...
This country is so fucking dumb its hilarious
"It's an emergency. Come back when it's a catastrophy."
— The United States on literally everything
after Donald Trump’s decision to attack Iran helped cause a major jump in gasoline prices.
"helped" is doing some fuckin serious heavy lifting here.
The same geniuses that accused unnamed "Biden's policies" for Covid inflation don't want to be offended by having the direct line from John Barron's illegal tariffs and illegal war of choice directly to increased prices for everything pointed out to them...
I love Tesler!
Which EVs?
Is Tesla profiting in a major way?