Insider trading, anyone?Sorry, that doesn't work. The gas companies are posting huge increases in profits, this means that the price I pay is only partially due to increased oil prices, and that the other part is due to higher corporate profits. I'd say its more price gouging than insider trading, but its definately bad behavior from the gas companies.
Nope. Try higher oil prices.
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I live in Amarillo TX, it is a city designed on the assumption that everyone has a car. We have public transit, but it doesn't cover much of the city. There is no way to get from my house to my job via public transit that doesn't involve two or three miles of walking. When my brother lived here using public transit would have involved a six mile walk both ways.
Also, there isn't any worthwhile public transit between cities once you get away from the coasts. Buses are pathetically slow, cramped, etc, and trains are all but non-existant and when they do exist they cost almost as much as flying. There is no passenger rail from Amarillo, to reach the nearest AmTrak station I face a three to four hour drive.
Personally, I hate driving; I'd much rather spend my time in transit reading or playing with my computer than paying attention to the road and making life or death decisions every single second. But here (that is, not on either coast) driving is not a luxury, its a necessity.
I really don't know what will happen when peak oil hits. The reason Amarillo doesn't have a decent public transit system is because its not really possible. We've got a population of around 180k, but a surface area around the size of New York City. Unlike in Europe, or the cities on the American coasts this place, and most other central plains cities, was not designed to be compact. Short of tearing the city down and completely rebuilding I don't see how it'd be possible to implement effective public transit even when gas hits $10 a gallon.
posted by sotonohito at 7:42 AM on August 28, 2005