Saturday, January 22, 2011

Food Riots in North Africa...Next up Gas Riots in the U.S.?

Just some food for thought here and I will write a full article tommorow. We have seen how price sensitive people are to the cost of food in North Africa and how that can quickly  lead to political anarchy; will the same be true for gas prices in the U.S.?

How price sensitive are Americans? Will it be $4, $5, $6? Also what will the political ramifications be? How much farther will prices need to go before large segments of the population simply cannot drive which as most of you know is a necessity here in the U.S.

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