Oil Prices, Our Economy and Katrina

With the onslaught of Katrina, how will the world survive the economic chaos that is about to unfold? Our economy cannot sustain any more surges in oil prices with the AP wire reporting $5.96 a gallon for regular gas in some areas of the U.S.
Most U.S. cities aren’t set up with mass transportation, and the typical American is required to travel up to 50 miles a day or more for their job alone.
U.S. resident made less money than they spent for basic necessities prior to Katrina, how will they cope after?
*Average Monthly expenses, based on two incomes
Telephone $37.93
Electric bill $99.65
Water w/garbage $80
Food $575
Gasoline
(two cars, $2.53 per gallon.) $969.60
Mortgage Payment $2321
(Based on a three bedroom home in GA. East o View the rest of this article