Soaring Gas Prices – The Best Thing That Could Have Happened?

By: GARKO

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 owns a print shop and has a masters degree in economic studies. 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 hope he is right. I am not so sure. But it was at least good to meet someone who has an optimistic viewpoint about the American economy and where it is headed. 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 which should be a cause of celebration amongst the environmental organizations: it is making alternative energy much more attractive, this is so much the case that the soaring price may usher in a tsunami of renewable fuel source projects which could, consequently, lead to a greater share of the market and perhaps the movement of alternative fuel sources into the mainstream. This would be a serious lemons to lemonade sort of scenario.
In the current scene the high price of energy is doing some pretty bad things -- but if it can help tilt the playing field to alternative energy, this silver lining may end up being an amazing turning point in history.
The longer fuel prices continue to rise, the greater the significance of potential consumer drift. A rise of ten percent in gas prices reduces consumption by just 0.6% in the short term, but it can reduce demand more significantly over a longer period of time

As folks decide on the important things for the future, such as where to live and what is the best vehicle for them to own, they are beginning to consider in the cost of fuel. Some are choosing smaller cars or are moving closer to their jobs to cut down on drive time.
The recent "crisis" has halted or impeded many new subdivisons, high fuel prices have lessened consumption and restrained purchasing of gas-guzzlers, and increasing construction costs are limiting new coal and gas facilities.
At the same time, a shift in government subsidies from the oil industry to alternative energy sources are creating a frenzy of new renewable energy construction.
But the truly amazing factor is that all that is going on while the real remedy for to improvement in gasoline performance and helping the environment through cleaner emissions is RIGHT HERE AT WATER4GAS

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Ozzie Freedom, Water4Gas founder, is a "computer geek" and anything that he knows about automobiless is from actually digging into the engine of his own car and tinkering rather than "schooling". Discover one of the best ways to boost your MPG

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