I like to look at it like this, regardless of what the oil market is doing: It’s possible to spend less on gas even at higher prices by consuming less. I think in the coming years we as a nation will have to become much more reliant on busses and trains. Until the infrastructure becomes operable, we must reduce our driving. How much can we cut back? Quite a bit in most cases. Sports and recreation will take a big hit. Gas most likely will not be going back down, and we need to radically adjust our thinking and driving habits to compensate. This will ultimately be good for the USA. We will learn to conserve, to exploit our own resources, and to reduce our exposure to foreign interests. We really need to draw together as a nation and hopefully this bit of adversity will start the process. Keep the faith autumnraine!
Thanks, I’ll keep the faith.
The only thing that scares me is the hit on all the jobs of the people in the first thing to go, the entertainment industry. And that will cause them to spend less and so on and so on. I am not paranoid, and I can conserve with the best of them, but I do fear the economy right now.