Is Europe a glimpse of the Future?
Can higher gas prices actually effect consumer behavior? In many European countries, gas prices are double what we are paying in the U.S. These countries are the closest models we have to compare to see if gas prices were high, if we would lower gasoline consumption and alter our automotive selection for smaller more gas efficient vehicles. Due to high taxes, Europeans have been paying much more for gas for a very long time. Europeans do live differently when it comes to purchasing and owning cars. They are more likely to take public transportation and live in urban areas compared…
