"experts once thought $3-a-gallon gasoline would lead to a drop in consumption. The latest forecast from the International Energy Agency calls for global oil demand of 87.2 million barrels a day this year. That would be an increase in consumption of 1.3 million barrels a day from 2007 -- despite a U.S. economic slowdown and soaring oil prices."
http://articles.moneycentral.msn.com/Investing/JubaksJournal/WhyOilCouldHit180DollarsABarrel.aspx
Supply is down and Demand is increasing!
http://omrpublic.iea.org/
Time to conserve a little, time for Americans to use less! Time for the free market to provide us with other options. Ones that do not hurt the economy like Ethanol does.
I say battery powered cars are the answer, it has been proven that they work back when California was pushing for them. If you have never seen the Movie "Who killed the Electric Car" I recommend watching it.
Ps. You Bush haters will really love it.
http://articles.moneycentral.msn.com/Investing/JubaksJournal/WhyOilCouldHit180DollarsABarrel.aspx
Supply is down and Demand is increasing!
http://omrpublic.iea.org/
Time to conserve a little, time for Americans to use less! Time for the free market to provide us with other options. Ones that do not hurt the economy like Ethanol does.
I say battery powered cars are the answer, it has been proven that they work back when California was pushing for them. If you have never seen the Movie "Who killed the Electric Car" I recommend watching it.
Ps. You Bush haters will really love it.