Quote Originally Posted by rizzler
i hate that the gas price is so high but it is actually good for the economy... it shows how scarce gasoline actually is and it should cause a trigger in people to change their means of transportation. If gas was back at $1.30 we would still have SUV's selling like hotcakes and fossil fuels running out faster then we do now. Since prices are just incentives to direct resources to their most productive use, the rise of gas prices should be an incentive that changes your state of thinking, and open you up to different means of transportation. I bet if gas prices we're still that low, E85 production , hydrogen, electric, hybrids... etc wouldn't have been started, and the gas price would actually still be that high its just we'd be paying through taxes instead of directly at the pump.

Yes its good from an environmentalist stand point and will put more money and incentives into research for finding alternative fuels that are cost effective.



BUT.......... by no means are we nearly out of oil like you put it. We have a solid 50+ years at this growth rate of fules left.