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The market according to T. Boone Pickens:
http://money.cnn.com/2005/06/27/news...ices/index.htm Well, there are a lot of fat Americans. Riding bicycles will do us some good. Yeah...
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"Tweeter was a Boyscout before she went to Vietnam and found out the hard way... nobody gives a d@mn." |
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..with China's economy expanding at an exponential rate, and an ever-increasing demand for fossil fuel, and a finite amount of said fuel, anyone that thinks that the price of gas will come down significantly is living in fantasyland. It is a perfect example of supply and demand.
Oil will be north of $80-90 a barrel sooner rather than later, with the corresponding increase in the price of gasoline. There may well be slight dips in that price, but for the foreseeable future the price of oil/gas will continue to rise.
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