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Apparently the switch from MTBE to ethanol for use as gasoline additives will cause shortages or price spikes. Now we have something to look forward to this summer.
Updated July 16, 2010 and originally published April 10, 2006. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.
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Luke Landes founded Consumerism Commentary in 2003 and has been building online communities since 1990. Luke, also known as Flexo, has contributed to PC World Magazine, US News, Forbes, and other publications. Read more about Luke and about Consumerism Commentary.
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{ 5 comments… read them below or add one }
I keep wondering how much of this it will take before Americans a) start driving less, b) embrace the wonder that is public transportation, c) start caring about alternative fuel sources.
Well so far, we just keep on guzzling no matter what. Is there a tipping point? We’ll probably find out at some point.
That’s it. I’m buying a bicycle. Or a Segway. Or a scooter. Nevermind, I’ll just stay home.
There are many places that don’t have a well established public transportation system, so that isn’t really an option. My guess would be that most will not even think about it until gas hits around $5 a gallon.
Even at that point, I need to get to work and don’t really have other options. If it ever got that high, I would really push hard to work from home 3 days a week and then just go in to the office 2 days for meetings.
Gas in San Diego is ridiculous, some places > 3.00/gallon. I always laugh at the concept of “supply and demand” economics for oil. It just doesn’t behave like that… demand is hard to decrease and supply is manipulated by oil companies. Whether an anticipated “shortage” due to changing an additive or blaming China or India, or a hurricane, there always seems to be some excuse for a shortage. There is no shortage in earnings from the oil companies though… of course, I’m still driving to work everyday with little practical alternatives.