A recent guest on CNBC (gag) who is supposedly a well respected analyst quoted Charlie Maxwell, a well known and respected oil guy, made this prediction about eventual $12-$15 gallon gasoline. What do retired farts living on essentially fixed income do? Move closer to the supermarket? What's the point- couldn't afford the food anyway.
'Squawk Box' Guest Warns of $12-15-a-Gallon Gas
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