Theres a great clip from Fox Business explaining that gasoline could top $4 a gallon soon. They explain what is behind the rising price of gas and what will make it go up or down. To be quite honest, the only thing in my opinion that will effectively make the price of oil to go down is the widespread use of alternative energy such as solar, wind, and green fuels.

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Gasoline affects virtually everything we purchase, besides those things we buy online. Food and other shipments are having their price increased as it costs more to ship those goods due to the rising price of gas. Diesel, which runs virtually all of the major semi-trucks is around $3.95 a gallon here in Florida and is a huge pain to those who operate the orange groves which is our main export. Go to your grocery store and look at the price for Tropicana or Simply Orange and you’ll see a $0.30-0.50 increase per gallon, expensive isn’t it?

However, shipments that are delivered via train are not having any impact on their prices. Trains run on coal and are virtually the only transportation stocks that aren’t being financially hurt right now due to the price of gas. CSX is doing fine according to Jim Cramer…”Buy Buy Buy!”

My daily commute is about 15-20 miles per day and is being drastically reduced as I have found shortcuts to different places and drive to the grocery store, campus, and other places at the non-peak rush our times of the day. Has anyone else been forced to change their habits or purchases due to the rising price of gas?

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