gas doesn't affect the economy? What people spend on every-bloody-thing?
Key bit that pissed me off:
The price of unleaded gasoline in the U.S. will likely hit a nationwide average of $4 by this summer, said Dan Dicker, oil trader and author of “Oil’s Endless Bid.” The last time prices topped $4 was 2008 and Dicker said there’s a one in three chance that gas could reach $5 a gallon.
If gas prices do head to those lofty levels, that could put a crimp in the economic recovery as consumers will likely cut down on spending if they have to pay more to fill up their cars.
Bold mine. Because I wanted to emphasize that word.
What the FUCK do you mean COULD? EVERYTHING costs more because of energy costs, people spend less on everything so they can keep the house warm and get to work already! And you say $4 and $5/gallon COULD make it worse? Really? How much hard thought was required to come to that conclusion?
Found over at Ace