Soaring Gas Prices – The Best Thing That Could Have Happened?

I met someone yesterday who is the most optimistic person about the US economy that I have met in well over a year since all the bubbles started bursting. He was quite a smart fellow who owns a print and copy shop and owns a masters degree in economics. No dummy. And what he said did make sense to some degree. He forecasted that the devaluation of the dollar is a blessing which will lead to more exporting from the US being possible and that this will lead in the next year or two to a new boom in manufacturing in the USA. I hope he is right. I am not so sure. But it was at least good to meet someone who has an optimistic viewpoint about the American economy and where it is headed. If one steps back and takes a deep breath and looks at the shocking increase in gas prices then they can apply this same brand of optimism. .
There is one great benefit of the high price of oil which should be a cause of celebration amongst the environmental organizations: it is giving many people reason to look into renewable fuel sources, this is so much the case that the high price may just be thing that the facilitates a tsunami of renewable energy projects that will, in turn, lead to a greater share of the market and perhaps the mainstreaming of alternative energy. This would be a serious lemons to lemonade sort of scenario.
In the current scene the high price of energy is having some pretty bad effects -- but if it can help tilt the playing field to alternative energy, this silver lining could be an epic and historic shift.
The longer oil prices continue to rise, the greater the potential consumer response. A 10% rise in gasoline prices reduces consumption by just 0.6% in the short term, but it can reduce demand much more substantially over a the long haul

As people make major spending decisions, such as where they want to reside and what is the best vehicle for them to own, they are beginning to factor in the cost of fuel. Some are choosing smaller cars or are moving closer to their jobs to lower drive time.
The recent "crisis" has delayed or impeded many new subdivisons, high gasoline prices have restricted consumption and restrained purchasing of gas-guzzlers, and increasing construction costs are restricting new coal and gas facilities.
Meanwhile, a shift in government subsidies from the oil industry to alternative energy sources are generating a frenzy of new renewable energy construction.
But the truly fascinating factor is that all this is occuring while the real remedy for to lowering of gas usage and helping the environment through cleaner emissions is RIGHT HERE AT WATER4GAS

Article Source: http://www.search4allinfo.com

Songwriter, activist, consumer advocate and activist, GARKO, shows you increase your mpg and save gas and how to improve mpg through hydrogen generation which is the best of the inexpensive ways to save gas For a list of current gas prices in your neighborhood email garko@startlingdiscoveries.info

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