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AltaRed · 12-10-2007, 05:50 PM

I suspect there is no easy fix. It is not out of the question that gasoline could be $5/gal in America anyway within 5 years. A continued slide in the value of the greenback at 10%/year against the Euro and other key currencies... plus increased consumption by the BRIC countries... plus the world max'ing out on supply (peak oil theory) could drive oil prices up to $150-200/barrel. Is it not better to take the initiative to tackle the problem early and try to control it than to have it done to you?

Added: My apologies for having derailed this thread.

12-10-2007, 05:50 PM	#12
AltaRed Full time employment: Posting here. Join Date: Feb 2004 Posts: 796	I suspect there is no easy fix. It is not out of the question that gasoline could be $5/gal in America anyway within 5 years. A continued slide in the value of the greenback at 10%/year against the Euro and other key currencies... plus increased consumption by the BRIC countries... plus the world max'ing out on supply (peak oil theory) could drive oil prices up to $150-200/barrel. Is it not better to take the initiative to tackle the problem early and try to control it than to have it done to you? Added: My apologies for having derailed this thread.