Take the Long Term View on Gas Prices

By now you’ve felt it. The happiness that comes with filling up the gas take at half of what it used to cost. Great news right? Well, yes and no. We’re very happy that lower gas prices are putting more money into the pockets of US consumers. This is wonderful for the US economy in the short-term. Especially when those savings are captured and put to use saving energy in your home through comprehensive energy efficiency or investing in renewable energy!

More troubling though are indications that people are now making long-term decisions based on what could very well end up being a short-term change. Sales of SUVs and trucks are starting to climb. Many people are worried that highly efficient vehicles like electrics and plug-in electrics will slow.

Most indications are that gas prices will stay low through 2015 but will start to rise again. What will happen in 2016? No one can be certain of anything. Anyone who has lived through the last 10-20 years can say that prices will be volatile at best. We encourage people to think twice before purchasing inefficient vehicles based on today’s gas prices. You may come to regret it next year.

The only thing certain is change. That means that the decisions you make today should not be based only on the present, but on what may, and likely will, happen in the future. Make choices that are focused on what is in the best benefit of everyone when it comes to your energy use, and that includes vehicle energy efficiency. Choosing highly efficient vehicles, including electric and hybrid vehicles will benefit you not only today but far into the future. No matter whether gas prices rise, your costs will stay low. But, just as important is knowledge that you are making wise choices for the future of energy efficiency.

Choose wisely, choose sustainable energy!

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One comment

  • Bill Carswell February 24, 2015   Reply →

    Low gas prices might be good for our economy and our pocketbooks, but they are bad for the environment. Higher gas prices force us to pursue alternative cars, like hybrids and electric vehicles. High gas and oil prices also encourage conservation and alternative energy. In short, high prices ensure that more oil stays in the ground and speeds up the transition to a new energy economy. As much as I hate to pay more for gas, it’s probably good for us. We always hate taking our medicine, but it’s good for us.

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