I say yes. I predict that within a month gas will be at least $4 a gallon. Why? Primarily and in the short run the unrest in the Mid East and Eastern Europe. Even if these is no real reason it creates a bandwagon for gas to go up.
The second reason is I do not believe that we are embracing the windfall that we have had with the oil that has been made available and being produced in the US and Canada. Now that we have found a domestic source of energy it seems we are wanting to hold it back. We should get that pipeline going. We are hammering the railroads about shipping oil. I seen something on PBS with Robert Redford slamming the oil exploration somewhere. Did he walk or ride a bicycle there for the film shoot? Probably took a Lear Jet and a big SUV there.
The third reason is worrying about coal. We still have a lot of coal resources. We have coal power plants that are in place. They for the most part have decent pollution counter measures. Lets keep them going and try to make them most environmentally friendly. Coal provides higher paying jobs in areas that would not have any other means to support itself. Going to put them all on food stamps? These people buy homes, autos and appliances. That causes other people to work too. Coal can also be converted to gasoline and diesel fuel. The Germans used it in the thirties and forties. The company my father worked for done it in the fifties. The caveat then was it cost 25 cents a gallon to produce when gas was selling at the pump for 17 cents a gallon. We have coal. Lets use it.
Fourth. We seem to have an abundance of natural gas. Gas can be used in a sundry of uses. It can run internal combustion engines, heat homes and water. You can cook with gas. I had a gas stove in my former house. If the electric went off for some reason you could still cook. Our gas grills are powered by gas. It is clean burning. What else can you ask for? The gas seems to come from areas that again have not much to offer to the economy but that. But if it gets them by I am for it. The folks there are making a paycheck and not collecting welfare. The local businesses flourish. Again a win win situation. Why do we keep beating down industries that have been made and make an economy for the local folks. These people spend the money they make.Local businesses do better. We get a valuable energy source.
Fifth. Conservation of energy. People do not think nothing about driving. As a nation we have not cut down our consumption of fuel . We still keep out thermostats at 72 degrees when it is hot and 80 degrees when it is cold. We are just stupid about that. Keep it cooler when it is cold and warmer when it is hot. Go figure. Make less frequent auto trips. Combine your trips into a loop. Start out on the right side and end up at home. A loop. How many lights do you have on? Unplug small kitchen appliances when not in use. It may seem like a pain in the beginning but after a while it becomes routine. Install power strips for your TV and stereo systems. Also for your computer. This not only prevents these appliances from using the phantom charge they do ever when off but can help protect damage from lightning. Turn up that thermostat when it's hot. Down when it's cold. Turn off a few lights. In the evening I can get by with just a night light on in the kitchen if I am on the computer or watching TV. A night light in the bathroom is enough light to see in the hall. Switch to CFL or compact florescent lights. They have been around for a long time now and can be found at a good price. They use only about 30% of the power that a comparable incandescent light uses. When I switched I immediately realized a 30% saving in my electric bill. I got this tip in 2007 from Trent Hamm's The Simple Dollar blog. Which I have read daily since 2006.
Sixth. Cars and trucks seem to be more powerful than ever. How much power do you need? I remember a 1981 Toyota Tercel commercial saying the car got 41 mpg. So we are obsessed with power and luxury when we can not afford a car at all. If we can create all this horsepower how come we cannot create high fuel mileage? I feel we can forgo a few amenities and get better mileage and still have some nice features. I think that the top speed limit in the USA is 85 miles an hour. Most every car will do that.
Seventh. We are not a gang buster economy now. We may be sliding into a second or third rate country status. You work at one low paying job and I work at another, then we spent the money amongst our selves. Then you have to realize that we are going down. And you people that have to stay with mommy and daddy are not getting the job done. We are only sliding by with government support. The help of family and friends. I used to be able to make more money by working overtime. My company does not permit overtime now. So you can't work harder and longer to make more money. So you have to have other income streams.Perhaps work a part time job or have your own little side business. If you watch some of those travel shows on PBS it seems most of these people just have some little job to get by. They are always sitting in parks, walking or in restaurants. I guess they work in restaurant and spend their money in another. I think that the era of working at one high paying job then retiring with a good pension is over. That money will eventually dry up and there is only going to be a bunch of low income people left.
Anyway, get out your bicycle. Higher gas prices are probably coming which leads to higher food prices.
Anyway, get out your bicycle. Higher gas prices are probably coming which leads to higher food prices.