I saw an investment advisor on FOX say that if it does go to $5.00/gal watch out for real instability....we have seen high prices before and they usually drop down..but at $5.00/ gal all bets are off for it going down . Food costs will take a big hit because of production costs and delivery costs. Corn is being used to produce ethanol(green technology to get away from gasoline). Not a pretty picture.....be prepared.
Originally Posted by Missysgottohelp
we went to 3.36 today. I've heard rumors of $5 gas by summer.