F... gas prices

[redsk1]

Originally Posted by Mattyk

$6/gallon isn't going to cause an economic collapse. I think prices would have to climb a lot higher than that to have a big impact or for the gov't to step in.

It may not cause an economic collapse but it may cause another recession. Another $2/gallon would cause prices to increase on the majority of goods sold especially food, put companies out of business, etc, etc. It would cause significant harm to our already damaged ecomony.

[mredskins]

Originally Posted by redsk1

It may not cause an economic collapse but it may cause another recession. Another $2/gallon would cause prices to increase on the majority of goods sold especially food, put companies out of business, etc, etc. It would cause significant harm to our already damaged ecomony.

Yeah I have to agree you would be doubling folks fuel budget. It has a trickle effect people still spend the money on gas becasue they have too but they have to pull back in other areas, like going out to eat, the movies, toys, etc...