posted on Sep, 7 2005 @ 02:24 PM
It works like this:
They raise the price to outrageous levels quickly. We are so outraged over the massive price hike we are content when they only come down a little.
Lets say last year gas was about $2.10 ish per gallon. Back then we would have rioted in the streets if it went up to nearly $3 over night, but the
government does just that and blames it on a bunch of stuff to keep us content. But when they finally bring it back down, they dont bring it down to
$2.10 where we started, the only bring it down to say $2.50 or so. And we are thankfull for it!! But the net effect was a $.40 price hike.
Im going to make a prediction:
If gas hits $4.00 a gallon and stayes there for more than 3 months, it will never drop back below $3.00 again. Ever. And you know what? Most of use
will just accept it. Even though gas was just over $2 when all this started.
And this is why I think hybrids are moot finacially, but thats another thread
[edit on 7-9-2005 by skippytjc]