Originally posted by sigma:
...Gas prices WILL rise considerably in the near future. Even if you don't believe in the whole Peak Oil theory, there's no denying that there's less oil in the world than there was years ago, nor that we hit peak oil production 4 years ago and have been steadily declinging ever since. All while demand is rising.



Ditto. World DEMAND is going up on a finite resource; competition between US demand and Chinese/Indian demand as their economies start to develop a middle-class base will count for a major portion of this.

It's not just the demand for gas, it's the demand for OIL. Damn-well everything that is manufactured or consumed involves some sort of petroleum-based product either building, harvesting, manufacturing, transporting or making that product up.

There's just no running away from this fact unless we figure out a way to drill at 20-30K ft. depths and do it cheaply AND strike HUGE reserves that the likes have never been seen before.

JaTo e-Tough Guy Missouri City, TX 99 Contour SVT #143/2760 00 Corvette Coupe