It'll be interesting to see. I think it depends on not just the gas prices alone, but when everything else it affects goes up enough that people can't afford to do anything, even eating (food also goes up). They say another depression is a very real possibility. Personally I think we are in the start of it. It won't be long I think if things continue to rise at the rate they're going (and all signs point to it continuing).
I think for a specific gas price amount, we'd need more information such as how much does it go up and how much does it affect other things and how quickly? And the highest population % of the country at what income level?
I think you are wrong. Add in record gas , electricity, rent (average is $2000 a month here), Higher mortgage payments, groceries , and everything else. There is a breaking point or amount that stops commerce.
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