Road Warning: $7 Gas May Be Ahead

[dogday]

Economist Predicts Increase By 2010, Which Would Take 10 Million Cars Off The Road


CBS) A new energy report predicts $200-a-barrel oil in as short a time as two years. If that happens, gas would likely go up to $7 a gallon - and that would have an enormous impact on the way Americans live.

Mitchell Igelko in Miami complains rising gas prices are threatening his 20-year-old landscaping business. His two biggest trucks sit idle - he can't afford to fill them up.

Right now, Igelko's business averages $30,000 a month in gas - at $7 a gallon, that would jump to about $50,000 a month, CBS News correspondent Priya David reports.

"I think at that time, I'm gonna put a sign 'gone fishing,'" he said.



http://www.cbsnews.com/stories/2008/06/26/eveningnews/main4214022.shtml?source=mostpop_story

[Marrah_G]

1. And everyone will start moving south because they can't afford heat

And the water resources will really be taxed.

[HereSince1628]

2. Yeah, and I predict mass transit is ahead.

We cannot expect this driving addiction to survive at that price.

Do you suppose they will run early buses so we can all get to Wal-Mart and McDonald's in time for work?