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A comment on Oil soars 6 percent as OPEC reaches deal to limit output in November. Parent comment

Re:Oil soars 6 percent as OPEC reaches deal to limit output ... by yessql on Wednesday September 28, 2016 @03:48PM (#12600723)
Yes, we saw people switch to more efficient transport in the US at $4/gallon. I think this is the long term ceiling, where people will switch to at least a plugin hybrid and cover 90% of their driving on electricity.
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Re:Oil soars 6 percent as OPEC reaches deal to limit output ... by elsonrodriguez on Wednesday September 28, 2016 @05:23PM (#12601482)
That's a pretty great point.

People started trading in their SUVs last time, this time they will be getting something that doesn't need gasoline at all.

I don't think OPEC realizes how dangerous of a game they are playing.

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Re:Oil soars 6 percent as OPEC reaches deal to limit output ... by Fjolsvith on Friday September 30, 2016 @12:55AM (#12610583)
I wonder if this amount is tied to the cost of a gallon of milk in the consumer's mind?
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