Is anyone disturbed by rising fuel costs?

Is there anyone...anyone at all who is also more than mildly disturbed by rising fuel costs? Why is it that every time I drive past the service station the price for fuel has escalated quicker than my Adsense earnings. It is getting tougher and tougher to keep my car on the road and yet it seems that alternatives to the oil crisis are not being sourced. Why? Do I need to stop driving my car?
This article in the Patriot News highlighted the depth of the dilemma society is now facing.
Americans [Australians too] have begun to make lifestyle changes in order to maintain some sanity. Saving energy is one thing but to be forced to carpool/vanpool, walk to work or practice frugal driving habits because we can't afford gas is ridiculous.
I've thought about ways to beat rising fuel costs like cycling to work, car pooling with friends and I've even contemplated buying a scooter. But I can't help thinking that there's more that could be done by the power's that be.
One example is that in Australia our fuel is heavily taxed. I have no qualms with the excise going to fund better roads but I'm concerned that with the rising oil price these taxes will fund better surpluses instead.
I also wonder about mining companies who tap oil and leave it to sit. They do this to control supply therefore controlling prices as well. Rising fuel costs are not a problem to them, in fact it's what they are after.
So, while us humble day-to-day people struggle to fill our cars with fuel those who could do something about it won't. Why? Because they're greedy.


Comments
The price of gas here in Los Angeles County have gone from just over $2 to now averaging $3.40. That spike took a matter of weeks and does not appear to want to go down any time soon. I also notice more Hybrid cars being offered by the major car companies. In five years I wonder how many people will be driving Hybrids. I will probably be a Hybrid owner if the price of gas keeps going up.
Posted by: Andrew | May 19, 2006 7:37 AM
Certainly Hybrid cars are becoming the way of the future. I remember when many petrol cars converted to LPG due to the rising fuel costs. Alas, the price of gas is rising at the same rate petrol is and the alternative is no longer a great one. Hybrid's on the other hand offer a great alternative and a lot of new car buyers will seriously consider purchasing them.
Posted by: Stuart | May 19, 2006 4:35 PM
I predict that E85 will become the dominant alternative fuel. The gas stations in many major urban areas are already required to use E10. It would be a way to disconnect us from reliance on unpredictable and often unstable Middle Eastern, African, and Latin American oil sources.
Once E85 becomes more mainstream, the price should go down from where it is now.
Posted by: Chris | May 20, 2006 8:00 PM