Well I am not hitting the panic button just yet...BUT....I have definitely curtailed my spending. Taking my motorcycle instead of my diesel truck everywhere, buying smaller cartons of eggs, milk, etc. buying American when I can, including travel. I have already ruled out foreign travel for the next two years. I will go to Cayman, tropical destinations, etc. in the future knowing full well the prices are higher. I will adjust my spending now and saving more so I can still do all the things I love to do. My point in the post was and I guess if I have to say it in one line..."where there is a will, there is a way".
Europeans have been dealing with $5.00 gasoline FOR YEARS!!! We can too. Bicycles, growing and buying veggies, produce locally, shopping in markets instead of department stores. We just all have to adjust. It feels dramatic at this point, maybe it is, maybe it isn't. I question what the media feeds us and I especially question the airlines. I guess I am a glass is half full woman. I found an interesting article a while back from the Allied Pilot's Union. It was written by a travel columnist 4 years ago and discussed the future of airline fuel and oil. Oil prices increasing is not new news.
Great article:
http://www.alliedpilots.org/Public/Topics/Issues/is_17.pdf