California today is almost certain to top its nominal record of $3.05 for a gallon of regular, set last fall after Hurricane Katrina roared ashore on the Gulf Coast. The state's inflation-adjusted record of $3.08, set in 1981, soon could fall as well.People will substitute something when they have to.
Americans are famously loath to stop driving, even when gas prices climb. Many can't. Although San Francisco has a well-developed web of bus and light-rail routes, most cities and towns don't.
Saturday, April 22, 2006
Gas prices push drivers off road
The San Francisco Chronicle reports: