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I've been reading about various scenarios for when certain commodities go up, and oil (energy in general) always pops up.
Now, I know this is a whole can of worms tied to all other kinds of commodities and such, but what I'm wondering is if you just took this at face value (approximately ten dollars a gallon at all gas stations), how drastically do you think your life would change? What do you think you'd be willing to or have to do under these conditions?
I'd be a lot healthier and using my bike a lot more. More importantly my auto allownace better go up considerably.
Ugh I fill my tank ~2.5 times a week, at 16 gallons that would be 1660-1700 a month in gas alone before all the PA and NJ tolls I pay on a regular basis. I would not be happy
I am from Europe originally, so I am used to high gas prices. Since I am no suburbanite not much would change. I would probably ride my bike a bit more often and perhaps get a more fuel-efficient cars. It is doable, just look at countries like Germany with gas prices around 9-10 dollars/gallon and they still drive like crazy.
This is not Europe. People have to commute miles and miles to work in areas with limited transportation. 300-500 miles a week at $10 a gallon would not work for many people. Move closer? Everyone can not afford that, sorry.
Life wouldn't be any different for me except I might have to pay $20 to $30 extra a month in gas costs. I live 10 minutes walking distance from my work and use my car sparingly.
First of all, I'd probably have to stop riding the bus unless it was absolutely necessary, as I'm guessing the cost for a pass would go up. I could ride my bike instead, so that wouldn't be a huge deal, and in fact it would probably be good for me. The biggest issue for me, by far, would be that every product I use would be more expensive. I don't own a car now, so I wouldn't have to worry about filling up with gas, but that's just a small part of the equation for everyone.
the numbers that show up on my bank statement associated with places that sell gasoline would be bigger than they are now.
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