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A few years ago we had a travel trailer and on a return trip from the east coast we paid almost $4 for gasoline. We decided to sell our RV's & TV. After three years we realized how much we missed the RV lifestyle and we are now back to enjoying this great lifestyle. We will continue to RV even with the high price of fuel, and like everyone else, we will make some adjustments to maintain the lifestyle.
As someone has already said, commodity prices are increasing and they will climb faster as the price of fuel goes up. The price of grain has more than doubled in the last 4-5 years, and we are now seeing those increased costs in the market basket of consumed goods. This country has not built a refinery in over 30 years, and today we are importing almost 15% of our gasoline that is refined in other countries. I totally agree with using our own natural resources, but until we build more refining capacity we will not have any leverage on OPEC. This country will find and develop an alternative fuel source (wind & natural gas will help bridge the gap), but until that happens we're dependent on foreign resources. And yes, if all that money we spend on foreign oil was spent here we could easily pay off our national debt.
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