Originally Posted by feva4u
Gas price is up, consumer spending will slow, economy will slow. Gas prices are the key. That's how it works in my simple mind anyway.
Thats what I was also thinking the other day. Johnson oil(local company here in Gaylord) has the gas prices all over town at least .10 cents higher than lets say Grayling or Traverse City for no reason that I can see all the time. They supply the whole town so it doesnt matter what 10+ gas stations you stop at in this town cause they are all the same price. Complete bullshit if you ask me, whats the point in so many gas stations then?
Now if the gov dropped gas prices down to lets say 2.00 a gallon instead of 3.96 a gallon I believe there would be a major improvement in the economy because people would have extra money at the end of the week, or be more inclined to take a trip instead of staying home on the weekend or spend it otherwise.