The "Silver Lining" Of $4/Gallon Gas

I met someone yesterday who is the most optimistic person about the US economy that I have met in well over a year since all the bubbles started bursting. He was quite an intelligent individual who owns a print and copy shop and owns a masters degree in economics. No dummy. And what he said did make sense to some degree. He forecasted that the devaluation of the dollar is a blessing which will lead to more exporting from the US being possible and that this will lead in the next year or two to a new boom in manufacturing in the USA. I don�t know if this is true. But it was nice to meet at least one sentient person who is also optimistic. If one steps back and takes a deep breath and looks at the shocking increase in gas prices then they can apply this same brand of optimism. .
There is one great benefit of the unprecedented price of oil that environmentalists should be celebrating: it is giving many people reason to look into other fuel sources, so much so that the soaring price may open the door, finally for a tidal wave of renewable fuel source projects that will, consequently, lead to a greater share of the market and perhaps the mainstreaming of alternative energy. This would be a great consequence.
In the current scene the high price of energy is doing some pretty bad things -- but if it can help shift the playing field to alternative energy, this silver lining could be an epic and historic shift.
The longer gasoline prices remain high, the more substantial potential consumer shift. A 10% rise in gas prices reduces consumption by just roughly half a percent in the short term, but it lowers demand much more substantially over a longer period of time

As individuals decide on the important things for the future, such as where they want to reside and what type of car they want, they are beginning to factor in the cost of fuel. Some are choosing smaller cars or are relocating nearer to their offices to lower gas consumption.
The recent "crisis" has halted or slowed many new subdivisons, high fuel prices have lessened consumption and resulted in less purchasing of, and increasing construction costs are restricting new coal and gasoline plants.
At the same time, economic incentives are creating a frenzy of new renewable energy construction.
But the truly amazing factor is that all this is occuring while the real workable method to increase in fuel economy and helping the environment through cleaner emissions is RIGHT HERE AT WATER4GAS

Niche Article Directory: http://www.thatsmyniche.com