Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on June 25, 2009

Bookmark and Share

Why gas will not go to $4 this summer

his summer’s energy market is starting to sound all too familiar:

Gasoline prices heading straight up for weeks at a time.

A warm-weather driving season just getting under way.

Unrest in a major Middle East oil-producing nation.

Professional speculators eager to jump on a trend.

And, yes, analysts predicting oil at $200 a barrel.

Last summer, those factors helped push gasoline at the pump past $4 a gallon. But that won’t happen this year.

ChicagoTribune



Leave a Reply

Your email address will not be published. Required fields are marked *