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Alan Pisarski--We'll adjust to rising gas prices

Samuel Staley
July 29, 2008, 7:03am

We're not the only ones crazy enough to point out that Americans will be rationale in their response to rising gas prices. Alan Pisarski, author of Commuting in America III, points out the same thing in a recent post on Forbes.com's blog. Alan notes:
The way we drive will change in the short run [as gas prices rise], and technology will come to the rescue in the long run, just as it has before. But those who predict that the automobile era is over should remember that most excursions have a goal that is valued by both the trip maker and society at large--be it a trip to Grandma's house or a trip to work. In fact, in economic hard times, some of those trips become even more critical. The age of the automobile has a long time to go.

Samuel Staley is Research Fellow


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