Economy going to crap? Not if your selling bikes!  

The economy has gone for the most part sour. Gas prices going through the roof (along with most other prices) is causing US auto makers a lot of headaches. SUV's can't be given away! Car commuters are defiantly feeling the pain.
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Souring gas prices are proving a boom to businesses selling bicycles. Electric bicycles are finding themselves in a bull market. The stores cannot keep stock on shelves. When people aren't buying bikes, they are taking old ones out of the shed for repair.
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Electric bicycles are relatively cheap to buy compared to a car. Top of the line goes $4,000 brand new. Cars can't be looked at, even the econo-cheapo-cars, for less than $10,000 new. These little two wheelers with 'go' power are also very cheap to run. Improved batteries on some models can go 25 miles on a charge, further if the cyclist pedals to assist the battery. Schwinn claims the battery's good for 25 miles and can be recharged in as little as seven minutes using a commercial charger (about 30 minutes from an outlet). E-bikes don't require licenses to ride either as they are slower than a car or a moped.
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The gas powered bicycles use gas by the teaspoon. Their tanks can't hold a single half gallon of gas.