Reply #5: Availability is the key [View All]

[ramapo]

What really freaked everybody out in the dual shocks of yesteryear was that gasoline was not readily availability. There were long lines and rationing to go along with the increases in price.

People will bitch and moan over any big jump in fuel costs but will pay it. If supplies become tight, then people will really get upset.

There may be a move to more fuel efficient cars just as there was during the '70s and '80s. Of course, that proved to be short lived, much to our long term detriment.