Originally Posted by
ryane946
I believe high oil and gas prices are here to stay. I will make a prediction. Oil will not receed below $60 a barrel for more than one month's time period. It is likely to stay in this range, and perhaps increase in the next few years. High oil prices are here to stay.
Oil surged above $85 a barrel today.
http://biz.yahoo.com/ap/071015/oil_prices.html
Since I have made this prediction, oil dropped below $60 a barrel only once...for about one month's time period. It will never go back. High oil prices are here to stay.
Time to start buying hybrid cars. Time to stop investing in that ethanol fuel crap, and time to start investing in true renewable energy (solar, wind, hydro, but especially solar) and batteries capable of storing enough charge to power an automobile at a decent range at a decent speed.