I met someone yesterday who is the most optimistic person about the US economy that I have met in well over a year since all the bubbles started bursting. He was quite an intelligent being who owns a print and copy shop and owns a masters degree in economics. No dummy. His viewpoint did make sense. He says that the crash of the dollar means that the US can export goods again and be competitive and that this will usher in a new era of revitalized manufacturing in America and ultimately cause a financial boom. I don't know if this is true. But it was nice to meet at least one sentient person who is also optimistic. And this kind of viewpoint really applies to other things too including the price of gas.
There is a particularly great advantage of the unprecedented price of oil which should be a cause of celebration amongst the environmental organizations: it is making alternative energy much more attractive, so much so that the rising price may just be thing that the facilitates a major wave of alternative energy projects that will, consequently, lead to greater scale economies and perhaps the mainstreaming of alternative energy. This would be a great outcome.
The present scenario is that the high price of energy is having some pretty bad effects -- but if a shift to saner energy sources results, this silver lining may end up being an amazing turning point in history.
The longer fuel prices continue to rise, the greater the significance of potential consumer drift. A rise of ten percent in gas prices lowers consumption by just roughly half a percent in the short term, but it lowers demand much more substantially over a the long haul
As people make major spending decisions, such as where to live and what is the best vehicle for them to own, they are starting to take into consideration in the cost of fuel. Some are opting for smaller cars or are moving closer to their jobs to lessen driving.
The recent concern has delayed or slowed many new subdivisons, high fuel prices have restricted consumption and resulted in less purchasing of, and rising construction costs are restraining new coal and gas refineries.
At the same time, a shift in government subsidies from the oil industry to alternative energy sources are generating a frenzy of new renewable energy construction.
But the truly amazing aspect is that all this is occuring while the real workable method to improvement in fuel economy and helping the environment through cleaner emissions is RIGHT HERE AT My Water4Gas Engine Today
Soaring Gas Prices - The Best Thing That Could Have Happened?
Did you like this story? Make one of your own!


