Current Events — HabitableZone

Current Events » in reply to re: They will be below $2.00 a gallon nationwide

If gas DOESN'T drop soon.............

Our whole economy will start collapsing, from the bottom up.
Low income families will be spending the few extra dollars they get a week on gas, not food.
Commuters will find that extra crunch and either move back to the city or lose their homes in the suburbs.
Food, goods, building materials, etc... will all be so expensive to deliver, that only the rich will be able to afford them and then you'll see the smaller and mid-size businesses losing financial ground. Once they start to crumble away, there will be no stopping it.

More bankruptcies. More banks collapsing.
Auto industries, airline industries.
If the oil boys in Texas and Washington don't get their shit together soon, the good ole US of A will be in dire straits.

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