I just read the scariest post evah, lawyer guy Al Nye writes in his blog, that a chief energy advisor mentions that the gas prices we are seeing today of $4- $5 per gallon of gas, are in the near future gonna be known as “the good ole days”.
photos – flickr
$12 to $15 per gallon of gas. Those are insane numbers, and all heck is going to break loose, if gallon prices went up that high. I shudder to think what will happen to the world as we know it. I hate to get all dramatic, but just think about it for a moment. It would cost most Americans like $200 bucks a week to fill up. That is simply not possible for many. I envision mass transit also being affected, as those who cant afford gas, would have to take buses and trains to get to and from work, etc.
Bike sales would go up, which is a positive. (for biker sellers) Hey, entreprenuer types, there is a fledging business idea for you. Start a bike business. Not the electric bike kind, just the regular old-fashioned human powered type bicycles.
Check out the video and read the complete story at CNBC.