Wednesday, August 18, 2010

OPEC and Low Oil Prices, "Raising the entry barrier for alternative fuels"

by Ellinorianne

It was the summer of 2008 and high Gas prices were getting people to think about how much they drove.  It was getting a lot of people to rethink the cars they purchased and it was actually making a lot of headlines.

High Gas Prices Cause Bike Shortages in N.Y.

High gas prices are causing spot shortages of bikes in New York City, as commuters turn to pedal power.

Many of these new cyclists are from areas not commonly associated with the "Bike Belt" — neighborhoods such as the Upper West Side and Williamsburg in Brooklyn — but are instead from Queens and other places where driving to work has long been common and affordable. With gas costing nearly $4 a gallon, these commuters are switching to bikes, leaving some stores short on fashionable brands and preferred colors.



continued at Daily Kos....