LOL...
The logging and fishing and farming and transportation... and other stuff/industry (that is OIL DEPENDENT) will capitulate WAY BEFORE $200 barrel oil.
"Soccer Mom Karen" may bitch about $5 gas, but it is 1% of her monthly budget.
NOT 40%
Local fishermen friends pop off $1,800 every day they light up the CATs...
Dat be a whole lotta fish there are needing to catch at $1.50 or $2 a pound.
Ya think "Soccer Mom Karen" is ready for $35 fish sticks for the kiddos?
Or a $15 Happy Meal?
