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Old 06-01-08, 15:28   #61 (permalink)
Doctor D
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Join Date: Jun 2006
Posts: 1,383
Gas prices may soar to $6/gallon if a major hurricane hits

CNN reports that if a major hurricane catastrophe hits the Gulf of Mexico this summer, gasoline prices within the U.S. may rise to $6 a gallon due to lost refining capacity.

http://money.cnn.com/2008/05/22/news...ion=2008060110

Ouch... six dollars a gallon. That smarts! How much higher can you all go before you need to consider major changes in transportation? Such as, walking, bicycling, or taking mass transit?

I estimate I can go about double what prices currently are before I need to start thinking of major lifestyle changes. $10 a gallon is my utmost limit. I'm not liking the prospect at all.

I have heard that motorcycles get good gas mileage; is this true? I am considering purchasing a motorcycle or scooter, or an even higher gas mileage car than what I've currently got. I read the other day on one of the news sites that the old Geo Metros are becoming big sellers again, due to their 40mpg fuel economy.
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