Re: Prius ...!
Oil will be back around $80 a barrel come summer but, gas per gallon does not have to rise at same rate. That is a scam and all hipe. T. Boone Pickens said live on Fox News Network that he felt oil would double from present price, which was $45 at that time, by summer.
He said in another interview that oil industry with the heavy research and exploration needed right now could not continue to make break throughs that could remove this nation from dependence on oil at oil price levels where they are now.
He mentioned that at this time all the money that was being spent on alternative power has dropped to near nothing and that he himself has had to almost stop his advertising that he was doing due to such drastic run down in oil prices and just the fact no one listens much right now due to gas not killing the consumer budget. Higher oil prices are needed to pay for research he said and funds are not there presently.
TAZ
Quote:
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Originally Posted by jmsspratlin
I think its just a matter of time before gas prices start to rise gain.  |
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