The Camel Jocks have tested the waters and seen what our thresh hold for pain is. And now they will back off a a little. They saw that with gas reaching almost $4.00 a gallon Americans started using less and people started taking serious alternative energy, Like Nissan and Chevy announcing their soon to be released Electric Vehicles.
They want to keep us right on the teetering point of willing to pay and drive SUV's and looking for other alternatives. They know if something big happens like the U.S. starting to utilize the resources they have, or car companies selling Batter Vehicles their strong hold on the world and specially the U.S. will go away.
I predict we will see gas at $2.98 a gallon by the end of the year. I think the Saudi's and Opec want to see it fluctuate around $2.95 to $3.25 and Americans will keep driving and using record amounts of oil.
"Saudi Arabia, the world's biggest oil exporter, is planning to increase its output next month by about a half-million barrels a day, an increase of nearly 6 percent, according to analysts and oil traders briefed by Saudi officials".
http://www.iht.com/articles/2008/06/15/business/oil.php
They want to keep us right on the teetering point of willing to pay and drive SUV's and looking for other alternatives. They know if something big happens like the U.S. starting to utilize the resources they have, or car companies selling Batter Vehicles their strong hold on the world and specially the U.S. will go away.
I predict we will see gas at $2.98 a gallon by the end of the year. I think the Saudi's and Opec want to see it fluctuate around $2.95 to $3.25 and Americans will keep driving and using record amounts of oil.
"Saudi Arabia, the world's biggest oil exporter, is planning to increase its output next month by about a half-million barrels a day, an increase of nearly 6 percent, according to analysts and oil traders briefed by Saudi officials".
http://www.iht.com/articles/2008/06/15/business/oil.php