It is only about four months into this stupid, evil war that Trump decided to launch and it is only about two months since gas prices got not just uncomfortably high but unsustainably high. It is annoying to have to pay 50 cents more for a gallon of gas because a reckless, arrogant man decided to launch a war for no good reason. It is unsustainable when it costs twice as much to fill up – and we’re now very close to that point. The cost of gas averaged about $2.80 around Christmas – just a little more than four months ago. It is currently – as of May 19 – about $4.50 per gallon.
A little more than four months ago, it only cost about $60 to put 22 gallons of regular unleaded in a large, V8-powered SUV such as a Chevy Tahoe. It currently costs about $100 to fill the same tank. If we have not arrived at the point of unsustainability, we’re surely close to it. Its too early to know exactly how soon the bottom will fall out but it is inevitable that it’s going to fall out. The used car lots will fill up with large SUVs with V8 engines – the fire-sale prices notwithstanding because (again) even if it is affordable to buy one, most people still won;t be able to (or want to) feed one.
Then the market for new ones will collapse – and when it does, it will probably result in the collapse of several vehicle manufacturers that have become completely dependent on the profits made selling large SUVs (as well as large trucks).
