Tuesday, May 29, 2007

Blood Oil


Well the threshold has been crossed, I see that it has been reported that oil has risen over 70 dollars a barrel and the price of gasoline has exceeded the four dollar per gallon mark.

The oil cartels are now sucking our blood for oil, not just our troops in Iraq, but us here in the States. see Global Worries Push Oil over 70 Dollars a Barrel

Four dollars per gallon, is this for real? Common'on.


I have read that in the next 25 years, demand for oil will at least increase by 50 percent. That's super high and the 100 dollar per barrel mark is within 5 years from today. Proportionally speaking that may increase gasoline to: 5.70 dollars per gallon, let's say $6.

Wow.

0 comments: