Society with the decrease in price changes can hopefully focus more on spending their money on other items rather than worrying about paying more for gasoline. Unless the economic forces pushes the issue for others to be creative and focus on inventing items that do not rely on gasoline. An example is making more hybrid cars...
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An example is making more hybrid cars.
The question now is, Are we willing to pay more for the services or the goods? Once the economic policies is out of the question then we might not have to worry about scarcity and eventually have less worries on soaring gas prices.