What good will economic recovery be if gas prices return to the ?

by vinceclarke

MONDAYS FRIEND asked:


$4 – $5 dollar range? I am actually better off now with these lower gas prices than I was in July when they were sky high…

You DO know, don’t ya, that when the economy comes out of the doldrums, gas prices will again rise? And since government will likely see these lower prices leaving room for higher taxes on gasoline, the prices could even exceed what they were before…

Nathaniel

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{ 2 comments }

Dan B December 17, 2008 at 4:28 am

When gas gets to that level again, people will stop driving, stop buying (it costs gas money to deliver goods), and we’ll be back where we are now. There should be a natural balance point – we haven’t found it yet so we are in a ‘correction’.

Ryko™ December 17, 2008 at 2:04 pm

My driving career with ranges for gas xx that means less book monies nooooooooooooo0000 ryko.

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