Crude oil is currently at $116.59 per barrel, more than double the price of $50 per barrel in May 2005. Gas prices have risen from $2.43 in 2005 to $3.83 now, an average of $0.47 per year. Things are expected to get worse, but even at this rate, gas will cost $4.00 per gallon by next year, and over five dollars per gallon by 2011. And that's only if things stay the same.
Are we ready for these prices?
Can America's economy survive when gas is over five or ten dollars per gallon?
Will Americans be able to afford housing and feed their families in the near future?
What do you think?
| Member Comments | Total Comments: 35 |
|
|
BrendaG
May 4, 2008 | 10:29 AM |
|||||||||
|
BrendaG
May 4, 2008 | 10:34 AM |
|||||||||
|
FlaNative
May 4, 2008 | 11:39 AM |
|||||||||
|
signal12
May 4, 2008 | 4:02 PM |
|||||||||
|
Meb452m
May 4, 2008 | 5:35 PM |
|||||||||
|
signal12
May 4, 2008 | 6:01 PM |
|||||||||
|
signal12
May 4, 2008 | 6:03 PM |
|||||||||
|
sipedo
May 4, 2008 | 6:38 PM |
|||||||||
|
sipedo
May 4, 2008 | 6:39 PM |
|||||||||
|
northton
May 4, 2008 | 7:06 PM |
|||||||||
|
Meb452m
May 4, 2008 | 7:23 PM |
|||||||||
|
caddyboy0103
May 4, 2008 | 8:33 PM |
|||||||||
|
caddyboy0103
May 4, 2008 | 8:39 PM |
|||||||||
|
Meb452m
May 4, 2008 | 8:54 PM |
|||||||||
|
DaytonaFrank
May 4, 2008 | 10:36 PM |
|||||||||
|
DaytonaFrank
May 4, 2008 | 10:43 PM |
|||||||||
|
DaytonaFrank
May 4, 2008 | 10:45 PM |
|||||||||
|
Gorilla
May 4, 2008 | 11:25 PM |
|||||||||
|
RNC08
May 5, 2008 | 8:44 AM |
|||||||||
|
dks75
May 5, 2008 | 9:43 AM |
|||||||||
|
|||||||||
I like news to be news. I like investigative reporters who get the truth out to the public. I'll let you know if I find any.
Member Since: 1/23/2007
RSS:
What is RSS?