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[IamIan]

Thought it might be entertaining to do a look back ... ~1 year latter ....

RI Gasoline is around ~$2.60 per gallon... June 12th 2009

Down from the peaks of a year ago... but up from the minimums a few months ago.

I still am not expecting to see national average prices higher than $10 per gallon before ~2020.

One thing I have learned over the last year ... The power of the Mass Consumer ... if the general public consumer continues to push for higher and better fuel economy and continues to be sensitive to gasoline prices ... that change in national mind set ... I suspect could slow down the trends from the last ~20 years of the general mass public consumer not caring enough for it to significantly effect their driving or the type of car they buy.

To be honest... I had not previously thought the general mass consumer public would be as willing to change as they have been... sure people still can do much better... but the change I have found comforting ... and it is nice to see it's effects on reduced gasoline price increases ... as well as more average MPG for vehicles nation wide ... and new HEVs and PHEVs... and REEVs... and FCEV ... etc...etc...

The attention from the peak has had some nicely positive side effects that outlived the peak itself.