Quote:
Originally Posted by tomwed
I hope people don't go back to gas guzzlers.
Will the suburbs, so far from work, regain their popularity? Will the price of these homes also go up? Does this also mean more roads or widening roads?
I heard on NPR a week or two ago that trucking companies are doing very well and investing in new trucks.
The airlines don't seem to be dropping their prices. Cruises are.
I expect a lot more people will be going on a vacation far from home this summer too. That's good news too for a lot of people and businesses.
Reducing transportation costs puts money in the pockets of most Americans. That's good too.
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If "they" are smart, they will keep the current mpg quotas that car manufacturers are held to now.
I doubt there will be a rush to the suburbs (not trendy and too far of a commute on congested roads), but historically when gas prices go down, sales of gas guzzlers go up. It's already happening...
Gas hits $2.67 a gallon and America celebrates by buying gas-thirsty SUVs and trucks | Money | The Guardian