That's called "capitalism" and I'm all for it.
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Me too. And maybe someday soon, I will buy a horse. That is part of capitalism too -- the ability to choose an alternative.
Once the world of science comes up with the next step in battery technology, the oil companies will be settling for less. What goes around, comes around in capitalism, as in all things in life :-)
Absolutely. There are more bicycles and motorcycles parked around my Fortune 500 company's facilities than I've seen in 20+ years. I've also heard the motorcycle dealers in town are pretty much sold out of inventory. (Whether that makes strict economic sense is better left to another thread.) Ask those dealers to what extent higher gas prices are hurting the economy. ;)
At any rate, there's no question that consumers are adjusting and will continue to do so.
>>Me too. And maybe someday soon, I will buy a horse. That is part of capitalism too -- the ability to choose an alternative. <<
I bicycle commute. And let me tell you, saving money is the LEAST of the benefits...