A Fast C&P on the Future of Gas Prices This Summer

C&P from Money and Markets.  This is dedicated to my good buddy Comics
who single handedly rallied the oil and gas markets by stating gas was
going down.   I kid comics a lot but i am seeing his daughter for
romance and profit (that is why he pokes fun at my 'habits'.
----------------------------------------------
In some parts of Canada, drivers are already paying the equivalent of
US$4.92 a gallon for gasoline ... and experts are warning our friends
up north to brace for prices above US$5.65 this summer.

You think that's high? In Europe, consumers pay up to $9 a gallon for
gasoline, in part because the government there slaps taxes of $2 or
more per gallon on fuel. And yet people still keep driving from Paris
to Prague!

Here's a question: How high will gasoline have to go before you stop
driving? America doesn't have the alternate infrastructure =97 trains,
for example, that Europe does. I think many Americans will pay $10 a
gallon or more before they plop their chubby butts on bicycles.