I think we've gotten a bit off topic here. There will always be both sides
of the story - some say gas will come back down some say it will not.

On Wed, Jun 4, 2008 at 11:36 AM, Bernie <berniej@gmail.com> wrote:

> I keep reading 4 dollar gas is here to stay. I don't believe it.
>
>
>
> I don't believe 4 dollar gas is here to stay either because we are going to
> 8 dollar a gallon gas and quicker than most would believe. As I indicated
> before
> Mexico's oil supply is drying up and they ship there last barrel in 2014.
> The equation is very simple we are using 2 percent more oil every year and
> finding less and what we do find is much smaller then the mature fields we
> now have. China and India are just begining to demand a share of the pie.
> As demand increases and supply slides the moves in oil price will become
> more intense. The Alberta Tar Sands can't begin to make up the shortfall.
> We will see oil at 225 dollars a barrel and we will be glad to get it.
> I do believe at 10 dollar's a gallon then camping across the country
> burning
> fossil fuels in a vanagon may become a thing of the past.
> As much as I love to be on the road in my westy it seems to me there is
> a point at which you say this don't not make sense anymore even if I can
> afford the gas.
> Finally the new truck and suv sales are being hit but it's a little late in
> the
> game.
> But as for the pipe dream that gas is going down from here don't hold your
> breath.
> When you look at every supply demand graph out there you ask one
> simple question.
> Tell me how and why it will move down.
> At 30 dollars a barrel they said it would dip, at 60 it was not
> sustainable,
> at 100 dollars a barrel it's overpriced with specualtors, at 125 it's a
> bubble.
> In Europe they pay over 10 dollars a gallon but there drive small diesels
> and
> not SUV's.
> Just my two cents.
>
>
> Bernie
> Vancouver
>

--
Thanks,

Jeff
'90 Carat (Grover)
'86 (We call this one Parts)
'78 Bus (Melissa) Patty's Bus