What If Gas Cost $10 a Gallon ?
 

Economically speaking, there could be some tough days ahead.
Came across this interesting news article. Though I'd share it here.

From msn.com

What if gas cost $10 a gallon?

Forget pizza delivery. And cheap airfares. And bottled water. In fact, forget a way of life that looks much like today's. But would that be so bad?


By Shirley SkeelEditor's note: This is one in an occasional series of financial what-ifs.


In four years, U.S. gas prices have doubled to more than $3.70 a gallon, and crude oil has tripled to around $125 a barrel. Allowing for inflation, that's higher than prices were during the 1978–83 oil shock that triggered a recession and sky-high interest rates. But . . .


What if gas cost $10 a gallon?


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.


Yes, it would be painful. At $10 a gallon, filling a Ford Explorer could cost $225. Even gassing up a Honda Civic could set you back $132.

And suddenly the bus wouldn't look so bad....

Full article here:http://articles.moneycentral.msn.com....aspx?page=all

Re: What If Gas Cost $10 a Gallon ?
 

Then it would cost over $300 for a tank of gas and folks would pay $250.00 for a basic service call in my business.

Re: What If Gas Cost $10 a Gallon ?
 

Do they still sell Schwin Bikes?

Re: What If Gas Cost $10 a Gallon ?
 

LOL, a few minutes ago I asked my daughter where she bought her bike and how much it cost. It's a Dahon and she got it at LL Beans in Freeport. I'm thinking of driving up there and getting a bike for myself!

Re: What If Gas Cost $10 a Gallon ?
 

The cities would be burning. Gangs would be breaking into houses and killing for food. Most businesses would be shut down. The main buisness would be staying alive.

Re: What If Gas Cost $10 a Gallon ?
 

Very insightful article:
America's Energy Crisis, A Self Imposed Dilemma.
Part 1 of 2

The average American is appalled at the ever escalating price of gasoline/transportation costs and the impact that these costs are having on the family budget. Further, as we're well aware, transportation costs ripple through the entire American economy on every essential commodity that we're required to purchase such as food. The latter being accentuated by an erroneous emphasis on an inefficient petroleum substitute, ethanol, which actually inhibits our attempts to achieve higher mileage standards. In an America with POTENTIALLY vast energy resources, why have we allowed ourselves to become willing victims of cartel energy piracy from highly unstable, unfriendly fanatical regimes, from whom we now import a substantial segment of our petroleum needs? Imports which continuously drain wealth from America in the form of an unfavorable balance of trade; and, conversely flow petro-dollars into the coffers of Islamofacists and others who would destroy America given the opportunity. Were it not for America's dependence on these Middle-East petroleum imports, we could conveniently extricate ourselves from this cauldron of fanaticism; and, allow the fanatics to wallow in their self imposed misery and virulent hatred for Western culture.

.....


To be certain, we CAN and we MUST achieve total energy independence; but, our Nation can only extricate ourselves from this self imposed dilemma by a broad-based, comprehensive NATIONAL ENERGY STRATEGY that BLENDS all of the elements of: conservation; major increases in transportation efficiencies, such as increased mileage standards; exploitation of our indigenous petroleum resources; fast-tracking of regulatory criteria; a significant expansion of our refinery facilities; major investments in nuclear energy; supplementation of our electrical grid with solar, wind, geo-thermal, and hydro technologies; and, a major investment in Research and Development to bring a Hydrogen and Fusion based economy to fruition. Unfortunately, to dig ourselves out of this self-created coffin-corner will require TIME. Time which simply means that, in the interim, we must protect our access to unstable Middle East suppliers until we bring our own assets on line. The latter exigency which could readily be scuttled by the Cut-And-Run crowd on Iraq. The regional chaos which would be precipitated by Iran subsequent to a precipitous American withdrawal from Iraq would make the current cost-escalation in energy supplies from the Middle East seem like the Golden Age of Yesteryear by comparison; and, most certainly would induce a much wider conflict/conflagration. The myopia of the Left on these circumstances is astounding. As history has repeatedly taught with grim consequences, PEACE and STABILITY are won only THRU STRENGTH; and, NOT THRU the nebulous psychosis of HOPE.

http://www.nashvillecitypaper.com/mo....php?postid=30

Re: What If Gas Cost $10 a Gallon ?
 

America's Energy Crisis, A Self Imposed Dilemma.
Part 2 of 2


.........


The ability to restore our Nation's status; and, to sustain this Sacred Land that the RATIONAL MAJORITY so proudly calls AMERICA, resides in your hands at the ballot box.

GREG NEUBECK

http://www.nashvillecitypaper.com/mo....php?postid=30[/quote]

Re: What If Gas Cost $10 a Gallon ?
 

If the Arabs want to bring America to it's knees, this is how to do it!

Re: What If Gas Cost $10 a Gallon ?
 

Its crazy to think that one day we may well look back on these days of $4 a gallon gas as being "the good old days"!


And to think, a few years ago I was griping when gas hit $2.25.

Re: What If Gas Cost $10 a Gallon ?
 

I'm seriously looking into a hybrid.

Re: What If Gas Cost $10 a Gallon ?
 

I think the Honda Civic hybrid gives something like 45 mpg/highway.

Re: What If Gas Cost $10 a Gallon ?
 

Around here reg. is $ 3.89.

Re: What If Gas Cost $10 a Gallon ?
 

Even so, come Lord Jesus.

Re: What If Gas Cost $10 a Gallon ?
 

I think we are already at the breaking point.

Re: What If Gas Cost $10 a Gallon ?
 

people would brew their own diesil...and run there car on meths

Re: What If Gas Cost $10 a Gallon ?
 

I clearly remember eight years ago when President Bush was trying to get Congress to authorize drilling in ANWAR and the critics said we didn't need to because "it would be about ten years before any oil would pump".

If we had done that back then about one million barrells a day of additional oil would be coming on line in the supply chain about now.

Re: What If Gas Cost $10 a Gallon ?
 

Here’s my question. We had Bush in the White House and we had a Republican majority in Congress. Why didn’t they take action? I don’t think the blame is entirely on the Democrats. Everyone is looking out for special interests that are profiting off of the current situation. Pat Buchanan once stated that the Republican and Democratic parties are just two wings of the same bird of prey stalking the skies of Washington. America’s glory days are over…and Democrats and Republicans are to blame.

Re: What If Gas Cost $10 a Gallon ?
 

whatever it just means i am broker, dt

Re: What If Gas Cost $10 a Gallon ?
 

dt, you're not broke.

Re: What If Gas Cost $10 a Gallon ?
 

and you know this how, lol, oh yeah you are guessing, lol, that is funny, dt

Re: What If Gas Cost $10 a Gallon ?
 

It's pushing 4.50 here and already over $5 in the desert areas.


I think it's a set up - one world government

they want to make the USA on par with poorer countries of the world

Re: What If Gas Cost $10 a Gallon ?
 

If you can afford the internet...you're not broke.

If you have job where you sit so pretty you can type all day on this forum...you're not broke.

:lol

So I'll play some pretty violin music on the world's smallest violin for ya. :violin

:toofunny

Re: What If Gas Cost $10 a Gallon ?
 

That's what international free trade is all about. Policies that would protect American jobs and wealth are anathema to the globalists.

Re: What If Gas Cost $10 a Gallon ?
 

i will give you credit aquila, at least you are somewhat amusing, dt

Re: What If Gas Cost $10 a Gallon ?
 

If you've got the credit to give...you aint broke. :happydance

Re: What If Gas Cost $10 a Gallon ?
 

Seriously, if you're broke, think about a second job. The primary reason most people are hurting right now is because they're not willing to do the work that it takes to make it work.

Re: What If Gas Cost $10 a Gallon ?
 

every body has there own definition of what broke means, you should not assume especially for people you dont know, lol, but i do like laughing, dt

Re: What If Gas Cost $10 a Gallon ?
 

It's all good dt. I know of folks living in their cars because they lost their homes. We aint broke. But it's going to get far worse than it is today. I'm reserving that term for when I truly am. :lol