Comments on The Personal Financier: Higher Gas Prices: A Blessing in Disguise or Ameri...

This certainly is a blessing in disguise. Perhaps...

2008-06-06T09:49:00.000-07:00

This certainly is a blessing in disguise. Perhaps now we will finally develop Shale oil. There is 2-3 times as much shale oil as there is crude. On top of that, 68% is in the U.S. Essentially, once we make it profitable (estimated at $70\barrel) the rest of the world can buy from us. suddenly we are dependent on no one, we reverse trade deficits, and we can continue driving, since our country is huge compared to well, most of the rest of the world. My family lives 500 miles away. In europe, that would be several countries away. Our use is determined by our situation. Once we utilize the resources that God put on our soil, perhaps we will be able to get on to other things.

If you can't work at home I'd suggest living close...

2008-06-06T06:17:54.614-07:00

If you can't work at home I'd suggest living close to work. I've purchased an appartment in the city. It appears costly by it saves big on gas, a car and most importantly time.

Although i'm in the same boat as everyone else and...

2008-05-21T12:46:00.000-07:00

Although i'm in the same boat as everyone else and personally hurting from high oil prices, i agree that in the long run, it's a blessing in disguise.

We all knew that oil wouldn't last forever; it's a finite resource. It's just too bad govt leaders are too focused on the here and now to plan for the longer term.

For instance, here in CT, I drive 24 miles 1 way to work. My town doesn't have a train station, so I'd have to drive 15 minutes (1-way) to the station each a.m., that is, if i could hope to get a space in the train parking lot, where the waiting list in many towns in my county is a year or longer. the infrastructure just isn't there.

I've tried signing up for carpool or vanpool arrangements and have yet to find someone to share rides with.

and my employer stubbornly remains opposed to my working from home, even though I work as a writer and can't think of a job more ideally suited to telecommuting than mine.

@Suzanne - I agree. It might not be left in the gr...

2008-05-21T09:20:36.090-07:00

@Suzanne - I agree. It might not be left in the ground but it will become a part (hopefully a small part) of a mixture of energy sources.

I remember the first thing I learned in my Econ cl...

2008-05-21T08:50:00.000-07:00

I remember the first thing I learned in my Econ class in college was that we would never run out of oil. It was a controversial statement by the professor to a bunch of ignorant students, but he was right. The more expensive oil/gas becomes, the more impetus to find alternatives. Eventually, it will get so expensive, we will be forced to find other (hopefully earth friendly, non-terrorism funding) solutions. Therefore, oil will be left in the ground.

$3/gallon for gas appears to be a price of the pas...

2008-05-19T11:01:00.000-07:00

$3/gallon for gas appears to be a price of the past. Commuting/transportation has now become a major expense item in most houshold budgets ranked with mortgage, vehicle and healthcare payments.