It's not even Memorial Day yet (when the prices really start to climb) and you are hard pressed to find a place to sell you regular unleaded gas less then 2.00 a gallon. Sadly, NJ is the cheapest of them all. Prices keep climbing with no signs of letting up. Coming at a time when the economy is seemingly getting back on it's feet. Also the time when people are traveling for vacations and what not. Could these prices get out of hand and cripple the economy in ways we never saw?
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6 comments:
It's gonna get worse. Wasn't it just a few months ago that the price a crude hit $50/barrel for the first time ever. Now, I think it's closer to $60.
We've got to get off our dependency on oil. I don't just mean "us" and in the US, but "us" as in the human race. Unfortunately, that's going to take time, and we haven't even really started yet.
I don't make predictions, but the oil problem could turn into a massive global economic depression. This is serious. Paying high prices at the pump is literally the least of our worries.
Yeah, your right Drew. As I mentioned on the crewblog the price off oil starts a train reaction really.
I never really get reasons why that really seem to make sense to me. I usually read stock answers like can't keep up with demand or something like that.
They usually us that BS line in the summer bettween Memorial Day and Labor Day. Like they are completely dumb funded that AMericans travel in the summer.
I have never seen a train reaction before...is it cool. I do know what a CHAIN REACTION is, though.
Personally, I'm glad gas prices are climbing--and I hope they continue to do so. Expensive gas is the only thing that will finally push us into big-time research and development of alternative fuels. It's something that MUST be done, as we have known for decades that oil is a finite resource. When gas was cheap, there was very little demand for alternative fuels. Maybe when gas hits $5 a gallon the market will finally demand meaningful research.
In the mean time there is that cascading effect that expensive petroleum products will produce. Gasoline, diesel and jet fuel aside, think of the other products that will be affected. Look around right now and see how much plastic is in the room. How'd you like to pay $15 for a roll of Saran Wrap?
If we can significantly reduce our dependence on fossil fuels for automobiles, trucks and railroads, there will be more left for airplanes, the plastics industry and everything else that uses them.
Well anonymous, if you would like to send me some money to fill up my gas tank I would appreciate it. I won't be able to afford $5 a gallon if it comes to that so you can send your money my way. Seeing as your so glad that the prices are rising you probably can afford it a lot more than I can.
I can't wait for the global economic depression
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