As the oil price carry on increasing, people are cutting back on their buget and spending pattern in able to save more money for the oil. Some people just suspend the use of their cars and become pedestrians and cyclers. People go to places around their house on feet rather than driving ro furthur destinations. In New York, more and more people ride motorcycles to places since it only cost the driver 10 to 15 dollars to refill the tank while driving a regular car will cost 40 to 50 dollas to refill the car which is 3 times more!
Since the price of oil keep going out, people come up with another solution to make money which is going into the pawn shops with their valuables. A pawn shop owner called Dave Ferguson said that this time is the highest pick of his business in fifteen years that people stand in front of his store with their valuables waiting for the opening . Now his store is filled with all different kinds of products such as guitars, drums, jewelries, video games and fur coats. People even went into the store wanting to pawn their cars to sustaine their other cars. However, these constumers are creating a problem for the pawn shop too as it can not pay hundred and thousans of cash tp the costumers at once.
The rise of oil price have created so many difficulties for several families and they are hoping the prediction of oil price rise to 4 dollars per gallon in the summer will not some true.
While i hate the fact that gas prices are so high and i definitly feel the strain everytime i pull up to the pump I hope that this crisis will at least be beneficial for the environment if people stop driving as much and use less gas
yeah, i hope it is good for the earth; but i'm telling you, I can't take these prices. I only make 6.25 an hour and I have to drive everywhere cause i live in a small town. They truly need to do something about this cause I can't afford it.