The good news is that public transit and other "alternative" transporation modes are more competitive with 1-ton, single-person conveyances. Bicycles even make sense for over 50% of household trips, even with children.
Join me as we look ahead (no one else is besides the Chinese and the US Army) to the time later this year or next when gasoline costs $5/gallon.
The good news is that many technologies are competitive with gasoline at that price. The bad news is that gasoline costs that much but wages have not risen as fast. In other words, we're f------.
I know the highway and trucking folks aren't talking (publicly) about this s---. But WallyWorld is dropping large hints that they are. Anyone watching besides everone else besides the US? The US Army spends over $400/gallon of fuel delivered in Afghanistan. Seems like a growing market for entrepeneurs to jump in.
Our amazing flying rocks called "fighter jets" are running on borrowed time and money.
