How summer’s rapidly rising gas prices could affect you
By Daniel at 17 June, 2009, 7:10 pm
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It affects all of us and its crazy. The economy bad, thousands of people out of work, can’t pay bills, need to find work, homes getting foreclosed, transportation companies hurting, all of them and all kinds, just when things could turn around and they raise gas prices?!! Obama get out there and do something, you can’t have your recovery and gas prices up too! Real (working or trying to work) People can’t afford it!!
We live in the country and every mile counts.
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Gasoline prices are headed north at the fastest clip ever recorded, so fast that economists are saying it could imperil the economic recovery. Nobody wants that.
But there is more than one way of looking at this phenomenon. The environmental economy, also known as the survival of our planet, will be imperiled if we can’t get the electric vehicle (EV) revolution off the ground and gas-guzzlers off the road. And the only thing that will definitively kill that transition is low gas prices.
Last summer, $4 a gallon gas delivered a nearly instant, almost mortal blow to SUV sales. When the price plunged to $2, there was a small but noticeable shift back to bigger vehicles, but the sales figures were complicated by the huge discounts the retailers put on their big boat-anchor trucks. People were feeling pretty desperate at the time, as this amusing video makes clear:
http://green.yahoo.com/blog/daily_green_driving/38/how-summer-s-rapidly-rising-gas-prices-could-affect-you.html;_ylt=Asj24VPRfeFeG5Qg1oBy_1Z0fNdF
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