Quote:
Originally Posted by Nailer45
Gas is said to be $4 a gallon by the end of the summer...
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Jezz in Oz producing petrol from our own sweet crude locally we are already paying USD$4.50 a US Gallon, mind the UK folks with their own North Sea Oil reserves can feel really diddled at paying USD$8.16 per Gallon.
Then with China and India's needs going beserk it is mooted the world will hit Peak oil between 2008 & 2012* ( *Saudia wont publish their reserve level ) Once the worlds Peak oil level hit's the price per gallon will rise so fast we'll be reminiscing about the good 'OL days Gas was only USD$4.00 per Gallon.
