Rising Gas Prices and Speed Limits

[InzeladunMaster]

I am kind of wondering about the rising gas prices and the speed limit increase.

We have the price of gas going up.

By raising the speed limits, that increases the consumption of gas, shifting demand up - without changing the supply of gas. That will just drive up the price of gas even faster as the demand curve moves along the supply curve!

I suspect this is yet another a Republican move to further crush the middle class into the lower class. Why else raise the speed limits in a period of sky-rocking gas prices? It would have made more sense to lower them back down to 55 to reduce consumption and demand of gas.

 

[thormagni]

I am kind of wondering about the rising gas prices and the speed limit increase.

Just wait 'til this winter, when natural gas prices again go through the roof. Of course we aren't supposed to be concerned about the gas and oil companies making record profits, or the fact that our federal government is run by a bunch of gas and oil company toadies. Or that average fuel mileage dropped this year. And of course, no one should consider that rising fuel costs means ever higher prices for everything we buy that is shipped by truck or train or ship. Or that companies will have to lay off employees or otherwise cut costs to make up for rising fuel costs. Don't look behind the curtain! This is all coincidental. It is not an effort to wring every last cent from the lower classes and transfer it to the super-rich. Capitalism works! You too can be a billionaire if you just work hard. Want to watch some Survivor or hear more about a missing white girl somewhere?

I wonder what role-playing in the world of Mad Max would be like? I suspect we are going to find out soon.

 

[Fyrestryke]

Actually, the longer you can sustain a greater rate of speed, the less gas you use. It's stopping/starting, stopping/starting, etc that uses more gas. We just need to make all the speed limits 70 and take out all the stoplights/stopsigns. (I'm kidding on that last part. )

 

[Odovacar's Ghost]

http://www.indianagasprices.com/ind...ea=Columbus&station=All Stations&tme_limit=36

Of course I spend about $2.82 a gallon for 93 octane.

http://www.indianagasprices.com/retail_price_chart.aspx

 

[Fyrestryke]

http://columbusingas.com

 

[EnderTheElder]

Most modern cars are designed to be more efficient at higher speeds. My car (a '94 Dodge Intrepid ) is most efficient around 75-85 mph. If I am on a long trip I can get almost 11 more miles/gal (about 100 more miles/tank) then every day driving. Also when your car is tuned up to is usually tuned to be most efficient about 65-70 mph, you can get even higher miles/gal if your car is tuned for higher speeds and you are driving at those speeds.

Are they increasing the speed limit in Indy? In the area of NC I live in they keep dropping it.

Gas here is about $2.60 for regular.

 

[Fyrestryke]

Are they increasing the speed limit in Indy? In the area of NC I live in they keep dropping it.

Yeah, they upped the speed on I-65 to 70MPH (all the way north and south AFAIK) whever the speed was 65. They didn't modify speeds in say Indianapolis proper where it's still 55 or 50.