PoliTalker
Diversity Makes Greatness
"I know it sounds counterintuitive to say that high gas prices are a good thing. Why would high prices on anything be good? The reason is simple: Prices help shape consumer behavior in lots of areas, including clothing, food and housing. Is there any doubt that high real estate prices are partially responsible for the tiny house movement?
It's the same story for automobiles. For decades, expensive gasoline has forced many European and Asian drivers to seek out the most fuel-efficient cars they can find. As a result, small, fun, fuel-sipping cars such as the MINI Cooper have become popular.
But it's more than just vehicle popularity, because high gas prices seem to have created a certain mindset too. Outside the U.S., there seems to be a car-buying philosophy of "I want the smallest car that makes sense for me." In the U.S., the philosophy is more like "What's the largest car I can afford?"
Changing Attitudes
That mindset is changing. Although Americans have enjoyed relatively low gas prices for a while now, the big price spikes of the recent past, combined with a lingering fear that prices might eventually rise beyond $5 per gallon, have changed the kind of cars that Americans buy. It's as if high gas prices forced shoppers to give fuel-sipping cars a second chance, and many people like what they're seeing.
Automakers are responding to this shift by offering more high-quality small cars. Compact cars and SUVs such as the Buick Encore, Chevrolet Trax, Ford Fiesta, Honda HR-V, Honda Fit, Mazda CX-3 and Land Rover Discovery Sport are redefining just how good a small car can be. For instance, sales of the Buick Encore are up by 60 percent compared with this time last year."
Why High Gas Prices Are a Good Thing - By Brian Moody, Contributor
No pain, no gain! So yeah. Pain at the pump results in gain on the climate battle.
It's the same story for automobiles. For decades, expensive gasoline has forced many European and Asian drivers to seek out the most fuel-efficient cars they can find. As a result, small, fun, fuel-sipping cars such as the MINI Cooper have become popular.
But it's more than just vehicle popularity, because high gas prices seem to have created a certain mindset too. Outside the U.S., there seems to be a car-buying philosophy of "I want the smallest car that makes sense for me." In the U.S., the philosophy is more like "What's the largest car I can afford?"
Changing Attitudes
That mindset is changing. Although Americans have enjoyed relatively low gas prices for a while now, the big price spikes of the recent past, combined with a lingering fear that prices might eventually rise beyond $5 per gallon, have changed the kind of cars that Americans buy. It's as if high gas prices forced shoppers to give fuel-sipping cars a second chance, and many people like what they're seeing.
Automakers are responding to this shift by offering more high-quality small cars. Compact cars and SUVs such as the Buick Encore, Chevrolet Trax, Ford Fiesta, Honda HR-V, Honda Fit, Mazda CX-3 and Land Rover Discovery Sport are redefining just how good a small car can be. For instance, sales of the Buick Encore are up by 60 percent compared with this time last year."
Why High Gas Prices Are a Good Thing - By Brian Moody, Contributor
No pain, no gain! So yeah. Pain at the pump results in gain on the climate battle.



