Government Policy Plays Central Role in Reducing Demand for Oil

Just kidding—that would of course be ridiculous. No, the wonder of prices will do the job just fine, thank you very much:

The latest figures from the Department of Transportation show that in March, when fuel was a far more modest $3.22 a gallon, Americans drove 11 billion miles (17.7 billion km) fewer in comparison with a year earlier. The decrease compared with the previous year, of 4.3%, is the first since 1979, and the sharpest since 1942.

As I enter the final stages of finding a suitable abode in the US, the prospect of $4.00/gallon gas is one I view ambivalently. In the short-term, I will remain earning a low income, and since I will be living in a place where substitutes to driving are not feasible, I do not relish the extra expense (especially since it will comprise a much larger part of my budget than the typical 5 percent). However, I see relatively high gas prices as the best way of precluding further illiterate, incoherent and counterproductive energy policies enacted in the name of energy independence and/or combating climate change.