[DoughtyOne]

You know, not everyone makes what you and I do. Some people scrape by. In places like southern Claifornia where people can drive over 100 miles each way to work each day, that $2.25 per gallon becomes major.

Wen we see the full effects of that $53.00 per barrel, we're going to see gas prices skyrocket.

In the past, moves in the price of oil have run up prices by $1.00 or more per gallon. Since the price hit $40.00 per barrel, we haven't seen much of a rise. I predict $2.75 to $3.50 per gallon by spring. If two family members have a big commute, this can amount to a lot of additional outlay.

What happens to prices of just about everything when gas prices escalate? Gas prices aren't the only thing affectd.

This is bad for inflation. It doesn't bode well for our economy.

[Osage Orange]

I've pretty much no quarrel with this post.....( Although I don't think oil will stay much above $50 for very long...) What I did have..is a disagreement with your use of the word catastrophic.

Hey...maybe it's just my personal hang-up....But a $2.00 gallon of gas isn't catastrophic...in my book. There are hundreds of ways to compensate/budget for this extra expense.

I have to get to work. I don't need cable T.V. Or...fill in the blank___________

FRegards,