Doc Mercer
EOG Master
It may be the mother of all doom and gloom gas price predictions: $12 for a gallon of gas is ?inevitable.?
Robert Hirsch, Management Information Services Senior Energy Advisor, gave a dire warning about the potential future of gas prices on CNBC?s May 20 ?Squawk Box?. He told host Becky Quick there was no single thing that would solve the problem, due to the enormity of the problem.
?he prices that we?re paying at the pump today are, I think, going to be ?the good old days,? because others who watch this very closely forecast that we?re going to be hitting $12 and $15 per gallon,? Hirsch said. ?And then, after that, when oil ? world oil production goes into decline, we?re going to talk about rationing. In other words, not only are we going to be paying high prices and have considerable economic problems, but in addition to that, we?re not going to be able to get the fuel when we want it.?
http://www.businessandmedia.org/articles/2008/200805211...
Everyone get ready to bend over and grab your ankles...
[SIZE=-1]"If you don't like it - impeach me. No, wait... [/SIZE]
[SIZE=-1] Pelosi says that's off the table, so go to hell."[/SIZE]
AND FOR EVERY 10 GALLONS OF GASOLINE ....
A GIFT FROM PRESIDENT BUSH TO ALL AMERICANS:
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Robert Hirsch, Management Information Services Senior Energy Advisor, gave a dire warning about the potential future of gas prices on CNBC?s May 20 ?Squawk Box?. He told host Becky Quick there was no single thing that would solve the problem, due to the enormity of the problem.
?he prices that we?re paying at the pump today are, I think, going to be ?the good old days,? because others who watch this very closely forecast that we?re going to be hitting $12 and $15 per gallon,? Hirsch said. ?And then, after that, when oil ? world oil production goes into decline, we?re going to talk about rationing. In other words, not only are we going to be paying high prices and have considerable economic problems, but in addition to that, we?re not going to be able to get the fuel when we want it.?
http://www.businessandmedia.org/articles/2008/200805211...
Everyone get ready to bend over and grab your ankles...
[SIZE=-1]"If you don't like it - impeach me. No, wait... [/SIZE]
[SIZE=-1] Pelosi says that's off the table, so go to hell."[/SIZE]
AND FOR EVERY 10 GALLONS OF GASOLINE ....
A GIFT FROM PRESIDENT BUSH TO ALL AMERICANS:
<table border="0" cellpadding="0" cellspacing="0"><tbody><tr><td>
</td></tr><tr><td align="center">
</td></tr></tbody></table>