What if? ..Gas goes up to $10.00 gallon?
I Read this speculation on MSN today on what if gas price goes up to $10.00 a gallon.
U.S. gas prices have doubled to more than $3.70 a gallon we all know that, crude oil also tripled to around $125 a barrel. So what if? $10.00 a gallon? I say yikes! sound scary? you probably thinking how the heck am I gonna be able to afford that? yea me too. question is are you building your boat for the flood? ,, yea I thought so.
Msn says
Thousands of truckers would go bankrupt. Airplanes would sit idle in hangars.
Restaurants and stores would shut down. Car-pooling, hybrid vehicles, scooters
and inline skates would swing into vogue. And telecommuting, rooftop vegetable
gardens, home cooking and recycling would proliferate.
Hybrid vehicles definitely would be popular but it won’t be cheap it will probably available to only those who can afford it.
If gas price jumps to $10.00 economy would face huge recession, fortunately not a depression.
Some of us will be force to ride a bike, yea with pedals, plant our own fruits and veggies, walk more etc. So spending on eating out, clothing, electronics, vacations and other little luxuries would fall real quick.
Overall it be better for consumers and enviroment to not to rely on crude oil, it will definitely be a little hard in the beginning but hey its part of being alive, experts says it might be better in the long run anyway.
Last Question: Whats behind all of this High Gas price any way. here You decide
