Princeton economist Paul Krugman on how "old Europe" shows the U.S. how it can deal with high gas prices:
If Europe’s example is any guide, here are the two secrets of coping with expensive oil: own fuel-efficient cars, and don’t drive them too much. Notice that I said that cars should be fuel-efficient — not that people should do without cars altogether. In Germany, as in the United States, the vast majority of families own cars (although German households are less likely than their U.S. counterparts to be multiple-car owners).
Krugman, perhaps not having spent time owning a car in Lincoln Park or the Upper West Side, neglects another way to keep people from driving: make the cost of moving one's car prohibitive. I drive about once a week, for the simple reason that if I don't time it right (i.e., getting back home between 5:30 and 7pm, as the parking regulations are changing), I get a really good walk from whatever part of the city I wind up parking in.
Quick update: The Chicago Tribune reports this morning that Chicago has the highest gas prices in the U.S. No kidding: how does $4.07 a gallon sound to you? That's for regular; my little GTI takes premium.