Did you notice less people traveling on the highways over the last big holiday weekend? Americans are driving less. Gas has quickly become America’s top economic issue since it relates to so many products and services. Sunday, gas topped the $4 per gallon average the first time first in Alaska then it spread to other states. On June 10th Maryland, Georgia, and Florida got hammered with $4 gallon gas.
The national average now is $4.04, but that may go up or down depending on the commodities. The shock about $4 gas could reduce consumer spending drastically because of the fear people will not have any money left over after driving to work and running personal errands.
Commercial fleets are paying 33% of their total costs in fuel now compared to 13% in 2006. This steady rise in commercial fleets could quickly lead to our own pocketbooks in higher prices for FedEx deliveries, cereal, among other increases in everyday goods and services.
We were complaining about these prices back in 1980 when a new level of $1 was reached but you must consider inflation with these prices. Then again it took sixty years to reach over 99 cents price point. Would you love to have some 99 cent gas right now?
Expect lawn care services, shipping, and anyone and everything to try to put on extra fees to pay for their gas. We will be having dreams of hybrid cars, trucks, and lawn mowers.
You can dream all you want for lower prices at your neighborhood Shell station or 7-Eleven it might come true in a decade or so. Praying might even come in for some. We should have gotten off this addiction to oil years ago but we are still craving for crude oil and that’s what we are getting.
Watch out for thieves as gas prices soar. Crooks are cutting into gas lines in neighborhood malls and shopping centers and even stealing catalytic converters out of trucks and cars parked at residences. People may even start killing for fuel as these prices continue to rise to keep a closer eye on things when you get out and about.
Cheers to the good inventive people who are coming up with creative ways to keep gas mileage down!