Americans has been hit hard over the last few years with gas prices slowly rising all across the nation. With prices going up as much as $5.70 per gallon on Orlando Florida, you would think that most Americans would cut back on eating out and doing other activities. In fact, studies shows that over 60% of Americans says that these rising prices have created some hardship financially.
So what’s wrong with this picture? Gas prices are rising and yet there is no significant decline in total spending on recreations such as going to the movies, sporting events, dining out, bowling, etc. At the same time people are getting angry because of high gas prices and yet they don’t change their habits. In Europe where prices are way above the $5 mark, people would rather take public transportations and drive little cars like the Fiat and riding on mopeds just to save some money. Americans on the other hand, are out there buying more SUVs, with no sign of increasing the use of car-pooling and public transportation. In other words, if gas prices really influence the way we live, we’re doing a very good job of hiding it.
We should start to take serious actions in our everyday lives to save whatever we have left. Even though we can’t change how oil companies work or why the United States doesn’t use more of our own oil reserve, we should cut back on things we do in order to balance out the rising gas prices. What do you do? Do you fall into the majority who doesn’t really care about the prices because you’re making too much money to care? or do you want to take actions by taking more public transportations? Spending $50 – $70 on gas every week is quite a lot when you could be using that money to pay for a bill. Some people are afraid to think about it because they know it’s too much but they don’t want to accept it.