The Gas Crisis
May-27-2008 By Barbara Rae
With oil now in excess of $135 a barrel, there seems little likelihood of any kind of quick turnaround. In fact, it appears we may as well get use to it. After all, many European countries, Ireland and the UK have been seeing prices of $8-$10 a gallon for awhile now. So, by the 4th of July, it will will be $5 a gallon, and by Labor day $6, with no end in sight.
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Posted in: Energy