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Gas at $12 Per Gallon? This Guy’s Full of Crap!
By JLP | May 21, 2008
From an article I found on Drudge Report comes this hogwash:
“[T]he prices that we’re paying at the pump today are, I think, going to be ‘the good old days,’ because others who watch this very closely forecast that we’re going to be hitting $12 and $15 per gallon,” Hirsch said. “And then, after that, when oil – world oil production goes into decline, we’re going to talk about rationing. In other words, not only are we going to be paying high prices and have considerable economic problems, but in addition to that, we’re not going to be able to get the fuel when we want it.”
I’m starting to think that these forecasters are making money by scaring the crap out of people. I realize that supply and demand play a role in all this but I still think that markets are being manipulated by all this talk.
I must say, it’s a scary thought. At $12 per gallon, it would cost me $215 to fill up our Rendezvous.
Topics: Cars |
