How Ridiculous are Gas Prices?

If the gas prices surge anymore the only economical thing that middle and low class people can do is to carpool, ride their bike, or walk. For a person who is only making minimum wage working 40 hours a week, they aren’t going to be able to afford anymore significant increases in gasoline prices. I would have to say that the majority of workers drive to work. You can only budget so much. People have to get to work and not everyone lives within walking distance. But even those people who walk to work sometimes decide to drive on a cold, snowy, or rainy day. The national average on March 24 of about 7,000 gas stations estimate that the price of regular unleaded gasoline is $2.499 per gallon. The higher prices were a result of the changes in the gasoline formula instituted by the Environmental Protection Agency and the new national energy bill. The article says that, “The U.S. economy is strong enough to absorb the increase in prices without affecting a change in demand.” There’s got to be a limit to gas prices. You see more and more people who own trucks or SUVs trading in these vehicles and purchasing a more economically affordable automobile. This has got to hurt automobile companies such as GMC and Ford because these economically affordable cars are being produced by foreign companies. The U.S. economy isn’t strong enough to absorb increases in gasoline prices. The U.S. middle and low classes needs some type of break. Do you think the U.S. economy is able to absorb these increases?