My guess would be in a few years it will be over 8 bucks and then all he** will break loose. From the 1980's all the way to 2003 it was only 25$ a barrel!! In early 2007 it was around 60$ dollars then rose to 92$ later that year! Now it has reached a record high at 117$ a barrel at 3.50$, as of today! Alaska's oil is running low, Canada's oil is running low, and militant groups are attacking crude oil pipelines. Bush talks about needing to get off of oil dependance, but nothing has been done, just crappy hybrids and the death of the electric car. Will there be something similar to the Vietnam Anti-War protest if this gets worse? It's virtually impossible to satisfy a growing population dependant on oil. Will it be a Mad Max postapocolyptic future?
- p.s. I didnt make the numbers up
Tags: