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Poll: We're driving less, but eating the same amount
As gas prices creep up to and into the $4 range a new poll has found that Americans are driving less to compensate for the higher prices. However, the main street economic crunch caused by rising gas prices and rising food prices, has had little impact on how much we eat. Is this you? Have you cut back on driving, yet continue with the same eating habits? 5 comments from 3 users
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posted by
catpaw
on May 21, 2008 at 08:15 AM
Somewhat. Our household pays more attention to sales and price leaders. Food prices are still somewhat competetive. Gas at the pump is price-fixed. posted by
Griffon64
on May 21, 2008 at 08:34 AM
How is gas at the pump price-fixed, I wonder? And by the same token, how can we be certain food is not price fixed? Seems to me food has gotten awfully expensive too. As far as food goes, we really should be changing our eating habits, but we haven't yet. I do pay more attention to the price and try to buy bulk of non-perishable goods when it is "on sale" - in other words, when the price is reasonable instead of way overpriced. posted by
catpaw
on May 21, 2008 at 08:55 AM
Price-fixed as in oil per barrel reaches a new high almost daily. While food is also outrageous, there a few reasonable prices if one shops around. Even this can be tricky. Unless I'm buying in bulk, it doesn't pay to go across town to take advantage of a sale. posted by
Griffon64
on May 21, 2008 at 11:43 AM
Why does oil per barrel reach a new high almost daily, though? One of the things I've noticed is that the dollar/euro or dollar/pound or dollar/x exchange hits a new low ( or high, depending on how you look at it ) almost daily, too. It is all connected. When your currency is slipping, of course the oil price will rise from your perspective. Why does the currency slip? Many things, but the trade deficit / housing bubble burst / bad economic news of choice is part of it. It is not price fixing, it is global economics, sadly. The USA is not isolated, much as many may want it to be. The USA can't be isolated. And the USA is not excempt from the economic laws that hold for everybody. Crying 'price fixing' and sticking your head in a hole in the sand has about the same effect: the causes gets ignored even if the placebo seems to soothe. posted by
TSM
on May 21, 2008 at 01:11 PM
Why does oil per barrel reach a new high almost daily, though? The value of the dollar because oil is priced in dollars, activity of market speculators and daily reports on supply and demand changes.
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