I was reading through some of our older articles recently and came across one from 2005 that mentioned gas prices “soaring past $2 a gallon”. Now, over three years later, two bucks a gallon sounds like a deal!
We’re quickly approaching $5 a gallon here in the states and there doesn’t seem to be a huge rush towards alternative means of travel. Sure, I’m seeing more people on bikes than ever before and there are plenty of news stories talking about people taking up commuting by bike, but we are still by and large the minority.
I’m starting to wonder if a breaking point exists.
On the pilot episode of the Bike to Work Podcast (subscribe for FREE in iTunes), we talked about prices of $11/gallon over in Europe.
Is that what it’s going to take around here? Or would even those prices make people change their mind about cars?
So what do you think?
Do you think there is breaking point with the gas prices?
If so, what’s that number?
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Picture credit: NatalieMaynor