By: - September 26, 2008 2:10 pm

I can't help but think that there are many more days of queuing for gas in the future for all of us unless we kick the internal combustion engine habit. With demand increasing exponentially in south and east Asia, new discoveries stalling (and drilling off-shore isn't going to help – by the time that oil comes on stream it will be a literal drop in the bucket), and continued security worries in the Middle East, gas prices look to be on a permanent upward steepening price curve.

So whether it is because supply is interrupted or because a local station has cut prices a few cents to boost sales, the pump queue is looking to be a increasingly prominent feature of our lives. I was in Australia recently where gas is well over US$6 a gallon, and a few cents savings produced long queues. How much do you think waiting to fill up the SUV will cost the US in lost productivity by 2020?

It's enough to make you want to catch a bus or a train…

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