Comments on: If Gas Prices Dropped Suddenly, Would You Stop Trying to Conserve Fuel?

By: Gas Under $2.00 a Gallon- Good or Bad? | Think Your Way to Wealth

Gas Under $2.00 a Gallon- Good or Bad? | Think Your Way to Wealth — Fri, 14 Nov 2008 12:24:55 +0000

[...] of gas prices is also partially due to the continued weakening of the economy. While I believe people are still conserving fuel due to the high prices over the last couple of years, I cannot help believe some of it is due [...]

By: squawkfox » Festival of Frugality: Bare Necessities Edition

squawkfox » Festival of Frugality: Bare Necessities Edition — Tue, 08 Jul 2008 05:01:13 +0000

[...] at Think Your Way to Wealth makes a huge IF statement in If Gas Prices Dropped Suddenly, Would You Stop Trying to Conserve Fuel? RC believes, “frugal habits developed when you have to save money should be carried forward [...]

By: RC

RC — Mon, 30 Jun 2008 11:41:30 +0000

@Grey: I am afraid that would happen myself, unfortunately. I would hope I would continue to be conscious about conserving fuel.

@Todd: The double whammy of housing and gas prices is hitting people very hard, especially when you throw in the higher prices of food as well. I haven’t really heard much about the water conversion or browns gas that seemed realistic to me- I guess many people believe it is a hoax-, but if something like that came along that really worked, it would be great.

By: Todd

Todd — Sun, 29 Jun 2008 23:12:28 +0000

Too many people are hit hard financially with the housing market bust and now gas prices going past the roof. Many in my rural town are riding bikes to work. If gas prices were not so high, then I don’t think people would conserve or even try. Some do it out of necessity based on financial hardship. Many are trying to sell their SUVs or trucks to conserve.
There is a better way by converting water into a more effecient browns gas to supplement gas usage that will double your gas mileage. Essentially, will be back to paying $2.00/ gallon. Think of the wonders this would do to the environment and the conservation of oil.

By: Grey

Grey — Sun, 29 Jun 2008 18:58:28 +0000

I’m afraid that most people would fall back in to bad habits, much as they did in the 70s. I also think it has a lot to do with the age of the consumer; I think younger drivers would be less inclined to save on gas.

For myself, I hope that I would. Working from home a few days a week has obvious other benefits, and that’s the biggest lifestyle change I’ve made, so I imagine I would keep that up.

By: RC

RC — Sun, 29 Jun 2008 16:28:38 +0000

@ John: I think many people are tired of paying so much at the pump, but i am not sure how many people will stick with it, so to speak, myself included.

@Ashley: I agree, I definitely think people would be less conscious when it come to shorter trips. I would like to think I would still pay attention to my driving habits, but I have a feeling I would slip some, especially on shorter trips.

By: Ashley @ Wide Open Wallet

Ashley @ Wide Open Wallet — Sun, 29 Jun 2008 02:05:40 +0000

I don’t think people would be as conscious of their usage if gas was cheaper. I mean, right now I think, “ok, that place is 7 miles away. If I drive there and back it will cost me $4.” and I decide if it’s worth making the trip. If that same trip only cost $2 then I would be twice as likely to go. Therefore, I would use more gas.

Right now I’m trying to decide if I want to go to a 4th of July party that is 30 miles away. It’s going to cost me $16 in gas. That is weighing heavily on my decision. If it was only going to cost me $8 it wouldn’t be as much of an issue.

By: john

john — Sat, 28 Jun 2008 19:28:56 +0000

I think people have got to the point where they don’t want to pay for gas period. any no matter what it costs, they are going to try to save.