Fri 24 November 2006 - The price of fuel
Last week I filled up my car for just over $1 per litre. It was $1.609 $1.069, and I had some freaky discount offer that gave me 6 cents off, instead of the usual 4.
But just seeing the humungous tank-like 4WDs rolling around the streets, and the resistance from government to improve PT makes me think we’d actually be better off if the price of petrol shot up. Oh, not personally, I know, but collectively.
If petrol doubled or tripled, there’d finally be some action on reducing our use of it. Less smog as people moved to hybrid/economical cars. Less traffic as people walked, cycled or used PT (which the government would be finally forced to upgrade and make competitive with driving) more.
$3 per litre? I can see the benefits.
And whether we like it or not, it might not be too far away.