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To: newgeezer
I don't think 87-octane gasoline will reach US$3.00 per US gallon. The reason is simple: we've already reached the point that people will start to drive less and/or buy more fuel-efficient vehicles, which will eventually cause an oversupply of gasoline and the price will nosedive from natural laws of supply and demand.

If I were Honda I would be ready to build at least 500,000 per year of the new 8th-generation Honda Civic model for the US market, given that the new Civic will be roomier, more powerful, and yet use 5-6% less fuel than the current Civic models. And Honda has another even more fuel efficient model (Honda Fit, due late Spring 2006) that could become very popular here in the USA.

18 posted on 08/08/2005 8:31:19 AM PDT by RayChuang88
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To: RayChuang88

Most people in a survey on the news said they would not start driving less until about $2.80-3.00 or so.


38 posted on 08/08/2005 8:43:02 AM PDT by rwfromkansas (http://www.xanga.com/home.aspx?user=rwfromkansas)
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To: RayChuang88

must have pics : )

<img src="http://asia.vtec.net/Series/FitJazz/Intro/main.jpg"?


220 posted on 08/08/2005 7:11:43 PM PDT by Flavius ("... we should reconnoitre assiduosly... " Vegetius)
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