When the weather warms up, do you think it’ll be easier to sniff gas?
The answer is, of course, no.
“I think we’ve got the same situation we had when the oil price started going down in 2008,” says Dr. Scott.
The price drop meant the US was running out of petroleum, so there was less to pump into the market.
But it also meant the supply of fuel for those vehicles was dwindling.
“The price of gasoline is going up, so you’ve got a lot of people who have cars that don’t run anymore, and you’ve also got people who just don’t have any vehicles,” he says.
And those vehicles are driving themselves to work, to the store, and back, because there’s no way to find fuel to drive them.
If the price is low enough, the gas stations are filling up again, but the same thing is happening.
The same people who could afford gas are also driving themselves back to work.
“They’re going to drive themselves back home to make money, or to buy things to make sure they can afford their car in the future,” Dr. Miller says.
In fact, he thinks the US is now facing a similar situation to how it was when the world was at the peak of oil.
“There’s no shortage of gas.
We’ve got plenty of fuel available.
There’s not a problem with people using gas,” he explains.
In the meantime, there are plenty of cars that have no oil in them, or that just don “want to drive” anymore.
“We have people who are getting out of the car, and they’re just driving to work and back again,” Dr.-Scott says.
But even if they drive themselves to the office, that is not the solution.
“It’s not as easy to go out and buy gas.
If you have to buy gas, it’s not going to be a problem.
And if you’re driving yourself to the grocery store, you can just buy the gasoline at the pump, and go home and have a good night’s sleep,” he adds.