Thursday, June 26, 2008

Oil tops $140, $7 gas by 2010?

Oil futures torching the economy

Oil futures topped $140 per barrel today for the first time ever. And as if the news couldn't get worse, a new CIBC study suggests that oil will hit $200 per barrel by 2010, equating to $7.00 per gallon gas.

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3 Comments:

Blogger Popping Collars said...

Hopefully by that time hybrid technology will be cheaper or I will definitely be taking the bus.

www.mycarauctionreview.com

12:48 PM  
Blogger Dahcredyns said...

i rarely drive anymore, as i've been able to build my life around LA's Goldline, so high gas prices won't have any impact on my driving.

3:10 PM  
Anonymous Anonymous said...

The “Other Hybrid”
I drove a 2007 Mercury Marquis that ran for about $2.00 a gallon and now I'm converting my car into a Gasoline/Natural gas hybrid. It's clean, cheap to convert, and drives for about $2.00 a gallon. this technology has been in use
for 30 years in business and municipal fleets. watch this video
http://www.metacafe.com/watch/1458378/you_can_run_you_car_truck_or_suv_for_2_a_gallon_w_natural_gas/

7:35 AM  

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