Re: OT-Fed Up!!!

Posted by paul on July 08, 2005 at 08:38:21 from (209.23.145.69):

In Reply to: Re: OT-Fed Up!!! posted by Illinois Boy on July 08, 2005 at 08:12:58:

Cool. Thanks. :)

The USA actually has kept fuel prices pretty
low compared to the rest of the world. It's
finally catching up with us, we've kept our use
high while, as you correctly point out, some
segments have kept our production throttled.
Something has to give, & we are still not near
what they pay in other countries for fuel.

Our ecconomy will have to adjust. Will be a
bumpy few years. A steady higher fuel price
will allow us to adjust. Steep ups & downs in
fuel prices, or more meddling by the govt to
keep prices low - will be bad.

It would be good if the price of gas held where
it was for a while. And it should stay at the 2.25
or so level for a while. People will start getting
a bit more efficient at this level and allow
things to stablize. Should we go to $3 a gallon,
then it will cause tougher problems, and a
whip effect where our ecconomy goes up &
down rapidly. Not so good. Trying to get back
to $1.40 gas would prevent any more
production within this country, and keep us
inneficient, and cause a really bad ecconomic
wreck when things finally catch up with us.

So, about $2 gas right now is probably the
best thing.....

--->Paul

Follow Ups:

• Re: OT-Fed Up!!! Ludwig 14:13:51 07/08/05 (1)
  • Re: OT-Fed Up!!! paul 17:38:13 07/09/05 (0)

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