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Will cheap gas mean return to gas-guzzling ways?

Published on Friday, October 10, 2008
By LA Daily News Staff Writer

DENVER - Prices at the pump are dropping fast, and gas could fall below $3 a gallon in a matter of weeks, if not sooner. Does that mean Americans will return to their heedless, gas-guzzling ways?

Experts say no because most drivers assume the dip in prices will be short-lived, and motorists have adjusted their habits accordingly.

"We've been through almost eight years of continuously rising gasoline prices," AAA spokesman Geoff Sundstrom said. "Any notion that this is a temporary thing has pretty well been erased."

New technologies are emerging fast, with electric cars expected to hit the market in a couple years. But the question is no longer when gas prices will fall, but when will the next spike come?

"Everywhere you go, be it the store, the diner, whatever, you hear people talking about their gas costs and how they need to cut back, said David Robinson, 67, while a friend filled up in Lakewood, N.J. "You still hear it, even though gas keeps dropping   Read Full Article...

 
 

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