Weeks ago, I published a sarcastic post here in this blog about the need for higher gas prices. I suggested $10.00 per litre gas would be the only way to trigger change, not only with consumers but also with industry. I was mocked and ridiculed by those who are least likely to change their habits. They know who they are.
I've been vindicated. Already, I read that Ford Canada has changed their forecast for the remainder of 2008. Weeks ago, they were confident that they would see a tidy profit at the end of the year. Since then, gas prices have soared and guess what? No one is buying their SUV's with 8 cylinder engines and it looks like they won't be seeing a profit after all.
On another positive note, GO Transit is experiencing overcrowded trains for the first time. IT'S ABOUT TIME!
I'm in a personal delema of sorts. I recently renewed my lease with Volvo and I'm stuck for four more years with this terrific car that consumes too much gas. www.fueleconomy.gov tells me I get 22 mpg on the highway and 16 in the city. By my calculations, I'm getting better mileage than that. My daugher's Mazda 3 on the other hand gets 29 and 22 mpg respectively.
I'm surprised by this. I would have thought the mileage would be much better than this. The car companies have a long way to go but I'm betting they'll get there much quicker if we the consumer demand it. And at $1.28 per litre, I DEMAND IT!