Re: US Gas hits $3.50/gallon
Over here, gas just went up to 12.99 SEK/L. That's around 8.40 USD/gallon. And there are other countries in Europe with even higher gas prices.
Unfortunately, people's driving behaviors don't seem to change much, same amount of cars and same queues as before. But I do think I can detect a few more driving at the speed limit on the highway now, and a few more riding the bicycle to work in the morning. Bicycle sales are up as well.
Oil price peaked today at 118, temporarily. The future is bright.
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