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Ken Shultz's avatar

I appreciate your insights and analysis Daniel. Just curious your thoughts on how skyrocketing fuel prices might impact demand for electric and hybrid vehicles. I know I have a hybrid electric, so I rarely pay attention to gas prices since I only fill my gas tank a couple times a year!

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Daniel MacDonald's avatar

Thanks Ken! And thanks for the Economics Daily recommendation; that's an excellent resource from the BLS.

As an economist I can only say that people rationally respond to prices. With no end to the higher gas prices in sight, I'm sure we'll see a boost in EVs. I'm definitely jealous of you since at these rates I'm sure filling up my Forester will soon cost me $100.

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