Originally Posted by riethoven

I would rather pay $10 per gallon. I heat my house with fuel oil just like most of the northeast US. Maybe if prices really went up, we would look for alternatives to oil and possibly even think about conserving a bit. IIRC, keep in mind that we are 5% of the world's population, and consume 25% of the world's energy. Not a whole lot of conservation going on.

Keep in mind that we use most of our energy heating and cooling our buildings, not propelling our cars and trucks. So if we could focus on more efficient buildings, maybe we could make some real gains.

Europe already pays around 5.26 Euros per gallon for gasoline. Maybe that is why they have smaller, more fuel efficient cars.