Cheap Airfare Blog

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What if gas cost $10 a gallon?
Forget pizza delivery. And cheap airfares. And bottled water. In fact, forget a way of life that looks much like today’s. But would that be so bad? In four years, U.S. gas prices have doubled to more than $3.70 a gallon, and crude oil has tripled to around $125 a barrel. Allowing for inflation, that’s higher than prices were during the 1978–83 oil shock that triggered a recession and sky-high interest rates. But . . . What if gas cost $10 a gallon? Thousands of truckers would go bankrupt. Airplanes would sit idle in hangars. Restaurants and stores would shut down. Car-pooling, hybrid vehicles, scooters and inline skates would swing into vogue. And telecommuting, rooftop vegetable gardens, home cooking and recycling would proliferate.

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