That is the amount of money we spent on gasoline last month. I don't imagine it will get any cheaper.
Do you know why?
#1. Beacuse the U.S. doesn't use and isn't allowed to use the oil reserves it has to their full capacity.
#2. The government pork bellies are filled with a focus on ethanol and other inefficience alternatives.
#3. The people who can use mass tranist don't and won't.
#4. People just don't care enough to do something about it other than complain.
What will happen?
We are already seeing a rise in food and other prices. I strongly suspect we will see a rise in crime and to some extent we have with copper thefts. I also believe we will see more people relying on the government for assistance.
Can we stop this?
Yes, but the key word is WE. The government can't fix the problem by themselves. Businesses can't solve the problems either. The only way is if the people, the government, and business all make the necessary changes to their individual environment to solve the issues facing us today.