Former Shell Oil Chief Predicts $5 Gas by 2012
http://www.youtube.com/watch?v=Br_tIm7PjbU
It is predicted that we will have a worse outcome in our political progress for energy, which will bring higher gas prices in 2012, uncertainty as to the future of hydrocarbons, and more regulation on the hydrocarbon industry. The former chief of shell oil fears that prices will be so high that we will have a back lash from the electricit and we go into reverse, going back to hydrocarbon only, instead of progressing into the 21st century of technology.
Today was my first day on the road with my truck immediatly after getting onto the road I had to fill it up. It cost me $40 to fill up less than half the tank. It is absurd to think that it is not the United States number one priority to come up with an alternate energy source. Especially when all experts believe that this energy crisis will turn from a global problem to a global cataclysmal.
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