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The only option I could take would be option one. My husband drives 130 miles a day to and from work. While the other option would work for me, it wouldn't work for my husband.
Turns out "none of the above," is the only long term choice.
When (not if) it passes into the $5 to $10 range, most working folks will be out-bid, or bid-out of the market.
Any $2 rationed gas would just be diverted back into the market at full retail or above. (btw, where in the world would that come from? Are you supposing the limiting US demand could collapse the price? This is global demand this time around)
interesting question ration or market price adjustment.
people seem to want market price adjustment.
makes sense the new national consciousness me 1st ism.
the real question for me is will we as a people adapt to changing circumstances
or will we perish with our cultural traditions.
40 years of plenty and now the dirth.
when the jews turned from god they were sold into egypt.
we are rapidly becoming oil slaves to the mideast.
The only option I could take would be option one. My husband drives 130 miles a day to and from work. While the other option would work for me, it wouldn't work for my husband.
I have to drive about the same distance that your husband does to work a contract part of the year. I work contract jobs so I have to drive various distances. I love the work I do - there just isn't any work close to my home. My Grandkids are 300 miles from me and I have to see them at least once a month. I put at least 20,000 miles a year on my car.
There is not any easy answer to the gas problem. If the price goes to $4 like it looks like it will, I will have to increase my billing rate. The snowball effect of the gas prices are going to change the way we all live.
The idea of moving close to your job just won't work.
Location: Jonquil City (aka Smyrna) Georgia- by Atlanta
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Quote:
Originally Posted by Philip T
Turns out "none of the above," is the only long term choice.
When (not if) it passes into the $5 to $10 range, most working folks will be out-bid, or bid-out of the market.
Any $2 rationed gas would just be diverted back into the market at full retail or above. (btw, where in the world would that come from? Are you supposing the limiting US demand could collapse the price? This is global demand this time around)
I used the theory that cutting demand significantly would lower the price. But of course China, Europe and other places would have to do it too.
For all the people who say it can't be done, look at how Southwest Airlines has managed to stay profitable. They locked in a fixed rate, while the others let their oil prices float like an ARM.
They used their purchasing power and good credit rating to lock in a good price on a set amount of fuel for a set period of time. To do the same thing, the US would need to guarantee sales of xxx barrels/day for xxx amount of time. That simple strategy changes the game from buyers bidding the price up, to suppliers bidding the price down.
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