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RE: (ET) expensive - price of Gas as incentive, or not - relative ...



Title: Message
John,
 
the price of Gas in Germany is currently at $ 6.61 per gallon (a 0.15 cent price increase over the last two days because the
US is buying up the Gas reserves in Europe and because the oil comanies have an excuse to raise the price yet again)
I don't have accurate numbers, but I myself spend about 10% of my monthly net income on Gas to get to work and I drive a
stock 12yr old 4door VW Rabbit that gets about 40 MPG.  (I moved closer to work now, so this will change starting next
week, I hope to get by with much less)
 
AND, while many Germans have electric push mowers, they still favor gas powered yard tools unless they have a very small
yard (which many people do). So I agree with you that the gas price in the US is still way to low to force people to rethink, no
matter if in Germany or in the US.
 
Markus
-----Original Message-----
From: elec-trak-bounces cosmos phy tufts edu [mailto:elec-trak-bounces cosmos phy tufts edu] On Behalf Of John B Reinhard
Sent: Saturday, September 03, 2005 5:58 AM
To: elec-trak cosmos phy tufts edu
Subject: Re: (ET) expensive - price of Gas as incentive, or not - relative ...

The usual considerations still apply:  range, speed of refill, etc. 
While ET's have gotten much better since Oil Crisis of the 70's, they still lack a few things that gas vehicles have.
 
I have read that, after adjusting for inflation, the $3.00 or so we are now seeing for a gallon of gas is not quite up to the peak price it was during that 70's crisis - SO, if that peak dollar amount was not enough by itself to inspire a huge electric auto industry back then, why would it now - if relative dollar amount is actually about same?
 
Also, way back then, total American expenditures for petroleum equalled only 2% of GNP.  Until recently, it was just over 1%.  Now that gas is touching/exceeding $3 per gallon, I wonder if we will EXCEED that 2% of GNP peak from 25 (or so) years ago.
 
John