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.
http://www.france24.com/en/201000117-oliver-griffith-ifc-tunisia-unrest-food-riots
http://www.bellinghamherald.com/2011/01/21/1828479/3-killed-in-albania-as-rioters.html
http://www.dailyecho.co.uk/news/8794735.Riot_country_tourists_hoping_to_fly_home/
http://www.benzinga.com/11/01/782891/food-riots-2011
http://www.bloomberg.com/news/2011-01-20/senegal-capital-hit-by-riots-over-electricity-outages-pop-says.html
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.
http://www.france24.com/en/201000117-oliver-griffith-ifc-tunisia-unrest-food-riots
http://www.bellinghamherald.com/2011/01/21/1828479/3-killed-in-albania-as-rioters.html
http://www.dailyecho.co.uk/news/8794735.Riot_country_tourists_hoping_to_fly_home/
http://www.benzinga.com/11/01/782891/food-riots-2011
http://www.bloomberg.com/news/2011-01-20/senegal-capital-hit-by-riots-over-electricity-outages-pop-says.html
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