High gas prices will cause some interesting results:
- more people will shop for bargains online, rather than traveling from store to store
- delivery charges will be reasonable compared to picking it up yourself
- home gardening and locally grown food will enjoy a resurgence
- people will think twice about drives to the beach or to the lake
- going for a Sunday drive is a sign of wealth
- if your neighbor fills up his SUV at one visit to the pump, he is probably doing better than you are
- you may see some unlikely people - bankers, lawyers, doctors - use the gas crunch to justify commuting by motorcycle
- some smart commuters will get their exercise by commuting by bicycle
- people will need second jobs to stay afloat - most will create new businesses online to earn extra income
- small restaurants will suffer first as more workers shift lunch money to gas tanks
- fast food places will suffer next as prices of oil run up food prices
- over the next few years, temporary dips in oil prices will not be long-lived enough to let Americans drive huge cars and trucks again - SUVs will be like Cadillacs with fins
- supply increases will be sopped up by China and India
- alternative sources of energy will be great businesses but will not dethrone big oil
- Florida will be unhappy when offshore oil wells appear near their coastline in the Gulf of Mexico
- placement of refineries will be hot political topics and push abortion and gay marriage off the table
- politicians, as usual, will screw things up then demand more tax revenue to fix the problems they created in the first place
Just a few of the issues I believe will dominate the economic and political landscape over the next 10 years. With any luck, it will bring back some of the lean, mean, fighting spirit of the American people - but only if the politicians are pushed out of the way.
—
Charles Lamm is a junkyard philosopher whose blogs include Live Free in an Unfree World, the Asset Protection Iron Triangle, and Virtual Joe Friday.






RSS Feed







