Like all things my friends this too will pass..
Spikes will always be in everthing we do, supply and demand. Can you really say if you bought a fishing reel for $100.00 buck then found out everyone wanted it cause the factory closed that you would sell it at $100.00.
They have us by the short and curlies becuase of our greed and stupidity.
GM, FORD etc.. built gas gussleing things to make us feel safer on the road.
Houseing moved into the suburbs cause you could but a super big house for half the cost.
Getting credit was super easy so you could but a even bigger house than you could afford. Size mattered
Now
Auto makers are finaly shifting to better fuel economy, smaller cars trucks. HELLOOO took too long and they are paying the price.
Burbs are no longer cheaper, Big houses cost lots of fuel to heat/cool drive too work, etc.. People will move closer or smaller houses
Free market is only good if you have supply and demand. Higher gas costs the more people want too sell it, They will all start looking for more oil it will get cheaper over time... Only issue will be by the time it runs out will we be at other alternatives.
I wish for cheaper Gas too. I also wish I could use less gas but use the same stuff.. A boat engine that gets 100 miles per liter, a house that could be heated by a candle... I think these will come before the gas gets cheaper than water.
Ok I ranted