Wednesday, October 01, 2008

Gas shortage in the future

We have a gas shortage right now. The debunkers still giggle and say "Peak oil is a hoax!" Well, many gasoline stations have closed and I predict that in the future we may see a move to ration fuel.

Future oil prices will be much higher than now, this move below $100/b is temporary. Peak oil is real and we are running out of oil. I predict that many people will move to smaller cars.

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