Quote:
Originally Posted by Raven
heard today....... a prediction
that gas will be 7 bucks a gallon in 2010
keep that in mind
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Chances are this will not happen, its just a bold statement that made headlines. Since most people dont know a whole lot about the econmey, the big news outlets will flash this across the screen to "make news". If we stop driving like we are starting to do, our demand will decline causing a sharp decline in oil prices. the US is the #1 consumer of oil in the world, so a 5% delcine in oil usage will drop the price of oil a ton.