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Hosea 4:6 My people are destroyed for lack of knowledge…

‘$20 Per Gallon’ by Christopher Steiner

Posted by truthpills on 2009/07/28

Christopher Steiner looks ahead and projects, $2 at a time, how rising gasoline prices will transform civilization.
By Matthew DeBord July 26, 2009

How the Inevitable Rise in the Price of Gasoline Will Change Our Lives for the Better

Christopher Steiner
Grand Central: 276 pp., $24.99

During the summer of 2008, Americans found out just how much was too much to pay for gas. On July 11, a barrel of oil hit $147.27, which translated into $4.11 for a gallon of regular gas at the pump — the highest price ever reached in the U.S. And that was just the average. In some places, the price got close to $5 a gallon. It was the Summer of Pain.

Many people who’d never heard of “peak oil,” or who’d been trading in one SUV for another, or who’d scoffed at the idea that Americans would ever drive less, suddenly learned that when the price of a finite commodity spikes, even cherished habits change. And it’s not just about driving: Our entire American way of life, in fact much of the global economy, has been built over decades on cheap oil: Seafood and plastic toys from China can flow freely around the world. The price of bread and milk stays low. Airlines can engage in price wars.
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