Uk fuel price currently is about £1:00 per litre

So that`d be £3:78 per US gallon

Which converts to $7:12 per US gallon

Sound bad?

I don`t think we`ve seen nuthin` yet.

Nobody really knows how much oil is left but when a consensus is reached that 50% of global supplies has been used then we`ll really see prices rocket.

Once we know we`ve burnt half the oil and we`re starting on the other half, I wouldn`t be surprised to see prices at ten times their current level.

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Marx (G.)