"Bob Noel" wrote in message
...
In article ,
"Matt Barrow" wrote:

We really reduced the amount of fuel we were using.

we did? I thought we merely reduced the rate of increase in
consumption.
This, plus the economic incentive of pumping marginal wells, increased
the
supply so that gas became plentiful and less expensive (but still not
really
cheap).

What would you define "really cheap" as being?

Well, $0.35/gallon would be really cheap. right?

"Cheap" to me means "poor quality"; we could have cheap gas by watering it
down. :~)

$.35 a gallon is what gas was going for in 1971; in todays $$$'s that
something like $3.25.

There's just no pleasing some people!! :~(

Want to calculate how much the price reductions were attrbutable to
conservations reducing demand versus deregulations vastly increasing supply?

(Americans want varying forms of socialism (particularly regarding their
"jobs"), but want to consume an abundance of inexpensive goods like free
market capitalists.)