If an increase in gas prices will cause you to not make your mortgage payment, you've really screwed up somewhere along the way.
How many years have we lived this ride? We know -KNOW, for a fact- that gas prices change, sometimes radically & they're vulnerable to any number of causes.
I moved here in 2001 & as I recall, paid about $2.00 a gallon to get here. Then gas dropped & for a while it was running around a buck to $1.30. It's been up, it's been down, it's been all around.
After katrina it peaked over $4.00. It then dropped back down to under $2.00. Now with most of the mideast in turmoil it's back up around $3.50 for most of us.
It's gonna go higher. At some point it will drop back down.
You know this. It does it all the time. If you don't consider it & leave some room in your budget to allow for it, you might want to ask yourself just how that's working out for you?
Elections have consequences. We elected a man who was openly hostile to the free market, to our current, proven forms of energy, who openly said that he thought $4.00 a gallon was fine.
Well, we're getting it.
