With the retail price of gas increasing by 50% withing the past 10 months, it is good to see that the gas consumption in the US has recently dipped by about 3%. Sales of Sport Utility Vehicles are down. Sales of bicycles are up. If this trend continues, will the price of gas drop? Probably not. It might rise to compensate for the lower volume of sales. The bottom line is that a 3% drop in retail gasoline sales is not enough! We must do everything possible to buy and use less gas. I think I'll do my part this weekend and NOT mow the lawn.
