I remember twenty-five cent gasoline when I was in college. I also remember gas wars when stations would try to under cut each other and prices would sometimes go to ten cents.
One other memory...in high school, I once purchased ten cents worth of gas...was worried that I would run out, and that ten cents got me home...
Chicago has the highest prices in the continental US. The reality is that no one is doing anything differently. I still see the 18 wheelers running at 80 miles an hour, the kids racing their Evos and WRX's.
It will get much worse before it gets better. Lots of approaches to solutions above...one more...we need to get the US dollar back on the right track. Its value has fallen so low that it will buy very little in the global market. OPEC has not raised prices much...but we have to pay much more due to the poor state of our dollar vrs other currencies. That is directly related to the national debt...Bush has moved our national debt from 4 Trillion to nearly 9 Trillion in 7 years. This in essence has devalued our dollar and that is part of the high cost of fuel. There are lots of causes, the dollar, the demand, the speculators, the supply, and not much in the way of solutions on the horizon. Hang on friends, the ride will be rough and long.
