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What happens when gas hits $3.50 a gallon?
This recession will last for a long time! I think all of Obama's stimulus's + Fed bailouts will cause to dollar to hit all time lows by the 3rd quarter! The US will lose its AAA credit rating and will have a hard time borrowing money from China.
I do not see an end in site for the recession? Can you?
PAT: Last time this happed it was the beginning of the recession! You know, less money to spend on goods and services because it has to go into your car? Just saying, now that people have some money in the bank and they will have to spend it on necessities like gas and higher energy bills! Things like this and other inflation will drive us into a depression!
10 Answers
- Anonymous1 decade agoFavorite Answer
I Keep Driving My Chevy SUV! That's What!
I Expect that Gas is going to Hit $ 7.00 a Gallon. Because of Obama and his Tax Bills. But the Media will Play it like Always - 'It's the Oil Companies Fault!' I Guarantee you - They Won't have ANY Choice because Obama has NO IDEA WHAT HE IS DOING!
Peace to All and God Bless! Jane.
Source(s): Born American! - ?Lv 41 decade ago
What happens? We pay $3.50 per gallon...that's what! What choice do we have? It's still and will continue to be the best country on the face of the planet regardless of the President. Yes, the recession will end. I doubt it will be because of what Obama does.
- ?Lv 44 years ago
In a word "No." The very limited latest inventory of Nissan Leaf's that have been attainable interior the U. S. have been offered out with call for a techniques exceeding grant. we at the instant are looking forward to yet another ninety that are being shipped from Japan. This scarcity of vehicles will in all probability proceed till the plant interior the U. S. opens for finished production.a million
- J PLv 71 decade ago
In order for Obama's decree that we all drive tiny cars to work, gas must be expensive. Otherwise, not enough consumers want them. Sit and watch what happens.
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- wunofdamoronbrosLv 61 decade ago
Officially, Blame Bush. Time tested.
Fact, the value of the dollar is dropping rapidly.
- Anonymous1 decade ago
The same thing that happened when it went beyond $4.00 a gallon.
- Anonymous1 decade ago
Congress gets the fire lit under the a$$ to pursue more green energy initiatives. This may be a good thing.
- Anonymous1 decade ago
It will be the greedy Democrats fault trying to make their oil friends rich.
Isn't that why they said Bush did it?
- Anonymous1 decade ago
Uh huh.
All all of that happened that last three times gas hit $3.50, right.
Grow up.
- Anonymous1 decade ago
That`s what happens when we give our industrial might away, we can`t back up our wealth.
