With gas prices now standing at about $3.90 a gallon, energy costs have now passed 6 percent of spending—a level that Johnson says is a "tipping point" for consumers.
Talk about not seeing the forest for the trees... This dude goes on:
"Energy is not quite as essential as food and water, but is a necessity in today's economy, and when gasoline costs more than bottled water—like now—then it takes a huge bite out of disposable spending," he said, in a research note.
Everything we buy and use is brought to us by trucks that use gas or even more expensive diesel. Where I come from, gas and diesel are called "energy". So gasoline and diesel are not only "a necessity in today's economy", they are essential to our survival. They are the very method by which we get our food and water.
How many items in your local grocery store will still be available to purchase if the delivery trucks stop delivering? How many miles will you be able to drive with the gasoline left in your tank when your local gas stations run dry?
Keep in mind it is Obama's plan to make our energy costs skyrocket. He told us so. He intends to force us out of our present forms of transportation by making fuel too expensive to buy. The major problem with that is that there are no available alternatives for us today, other than that Chevy "Volt" that costs $40,000+, a car now catching on fire, a car being manufactured by the same people who install the wrong steering wheels that then fall off. And they've manufactured only around 30,000 of them. Hmmm, we have about 60 million gasoline and diesel vehicles that will need replacing. That means were just a few short of enough.... By about 59 million or so.
And how will Obama make fuel too expensive? Simple. No new exploration or drilling. No new refineries(in the United States), but in places like Cartagena, Columbia.
True, six new permits have been issued. So what? New regulations are making it impossible to drill, even with a "permit".
How about massive new taxes and regulations levied against our energy companies? Obama's Cap and Trade program has been stalled, but his regulatory Czars are proceeding full speed ahead with the plan by using regulatory edict rather than law.
Even if you could afford one of those new all-electric Chevy fireballs, there won't be enough electricity to keep it running. You won't be able to buy gas for your ordinary car, so welcome to bicycle world, sucker.
Wake up... Obama and his greenie buddies intend to shut down our present coal-fired plants and not build any new ones, and no new nuke plants either. Oil fired plants? Have you not been watching the price of oil lately?
Phase out our coal-fired plants, let the present nukes expire at the end of their productive life and build no new ones, no oil-fired plants, no natural gas fired plants. Maybe wood-burning plants?
Have you stopped to consider how long it takes to build a major electrical generating plant, regardless of energy source? Not months, but years, longer with the environmentalists fighting you every step of the way. Today - right now - the environmentalists are fighting the construction of wind and solar facilities and their associated equipment tooth and nail. They want none of it. Their opposition is adding years to the completion date of these projects.
Wind and solar? There is no way possible to build enough of either to replace our present electrical plants in the next decade of the following one. Period. End of story.
Bottom line? If Obama and his cohorts get their way, you won't have enough electricity to keep going, not for your house, not for your car. None of us will. Brownouts and enforced blackouts are in our future.
The reason is simple. Obama and his fellow conspirators want to do all this stuff today - now - not ten or twenty years down the road, when we have constructed enough alternative energy sources to replace what we are using today. So get ready for a life with huge shortages in electricity.
To see what that's going to be like, go find your electrical circuit breaker box and turn off all of your electricity for the next 24 hours. If you think you're a toughie, turn it all off for 72 hours.
No lights, no TV, no computer, no video games.
No heating or air-conditioning, no freezer, no refrigerator. Even if you have a gas-fired central heating system, it needs electricity to operate, so it won't run either.
No hot water for showers. If you have one of those new fancy aerobic sewer systems - instead of the old reliable septic tank - it won't run either, so you won't be able to flush your toilets.
None of your fans will run.
You will be in the dark, nothing to do but sit, freezing or sweating your butt off depending on season, and all your food in your refrigerator will rot away.
Welcome to Afghanistan, welcome to the 16th century.
See how much fun that's going to be.
Then - maybe - you will start to understand what the consequences are from what this president intends to do... and is presently doing.