Gas could be $10 a gallon...

[LeiZaK]

Text

If you think all this flirting with $3-a-gallon gas is already a pain in the pocketbook, brace yourself.

Oil expert Craig Smith predicts gas prices will skyrocket next year, jumping to five bucks a gallon.

And if terrorists successfully strike a major Middle East oil field, Americans might end up paying $10 a gallon -- about $110 to fill a Ford Focus' 11-gallon tank.

Smith, a self-proclaimed geopolitical know-it-all hawking his new book Black Gold Stranglehold, says Americans -- tree-hugging politicians and car-addicted commuters alike -- should blame themselves for the coming spike in prices.

"Why are they charging higher prices for gas? Because people will pay it. Apparently, we're not changing our driving habits much," he said. "Blame this on ourselves. This country has not built a new refinery in 30 years, we stopped new oil exploration . . . and put a moratorium on offshore drilling."

Smith -- who last year predicted $3-a-gallon gas and $65-a-barrel crude oil prices this year -- says oil prices will jump to $80 a gallon by the end of 2006.

On Tuesday, the national average was $2.52 a gallon, according to AAA. And the price of gas topped $3 here last week.

If you don't believe the average cost of gas will double in 12 months, Smith points to places such as Hong Kong, Korea and France, where gas prices regularly top the $5 mark.

The solution here for high oil prices: "find it, drill it, refine it and burn it" domestically, Smith said, pointing to untapped crude reserves in Alaska, Colorado, Utah, off the California coast and in the Gulf of Mexico.

~$130 to fill my tank :shocked:

 

[0roo0roo]

times to invest in video game companies.

 

[Saint Nick]

what makes this guy an expert?

"Why are they charging higher prices for gas? Because people will pay it. Apparently, we're not changing our driving habits much," he said. "Blame this on ourselves. This country has not built a new refinery in 30 years, we stopped new oil exploration . . . and put a moratorium on offshore drilling."

I agree with this, though.

 

[gigapet]

in other news the first fully automated hydrogen vehicle refueling station opening in Berlin Germany.

 

There is plenty of oil. The problem is refining that oil. Striking an oil refinery would drive up prices quite a bit, but I don't know if an oil field strike would have such an effect.

Either way, this guy souns like a moron. "Self-professed" know-it-all? Gimme a break.

 

[DaWhim]

mehhhhhh......I have read about it on atlantic monthly about 2-3 years ago. blame the environmentalists for not letting us build the oil pipe from alaska to washington state. oh yea, refineries too.

 

[PottedMeat]

if they wanted to screw us why dont they just mortar a few refineries, ours are all running at capacity and we aren't building any more any time soon.

 

[radioouman]

$220 to fill my truck.

 

[iwantanewcomputer]

$65-a-barrel crude oil prices this year -- says oil prices will jump to $80 a gallon by the end of 2006.

typo-they mean 80 a barrel. this would put gas at like $4

 

[733SHiFTY]

$0 to fill my bicycle

 

[GeneValgene]

Originally posted by: gigapet
in other news the first fully automated hydrogen vehicle refueling station opening in Berlin Germany.

and where does this hydrogen come from? majority of hydrogen still comes from hydrocarbon reforming...so you still need oil

the idea of supporting a hydrogen economy through renewable energies is still sketchy with current technologies (e.g. production, storage, and transport). often the round-trip efficiencies are horrible

 

[BigJ]

Smith, a self-proclaimed geopolitical know-it-all hawking his new book Black Gold Stranglehold, says Americans -- tree-hugging politicians and car-addicted commuters alike -- should blame themselves for the coming spike in prices.

If you don't believe the average cost of gas will double in 12 months, Smith points to places such as Hong Kong, Korea and France, where gas prices regularly top the $5 mark.

These two paragraphs show he's a moron and full of sh!t.

 

[suse920]

 

[Nocturnal]

TWO WORDS, PEAK OIL.

 

[Anubis]

sweet

 

[Trevelyan]

Originally posted by: Nocturnal
TWO WORDS, PEAK OIL.

 

[Ricemarine]

How about...

Bush, please put in more money for the development of hydrogen fuel cells.
So that you won't make anymore money off your gas company.

 

[five40]

I seriouslly hope it does get to $10/gallon. I hope it doesn't get to $10 because of a terror attack, but just by normal pricing means. $10 a gallon would RULE. Just think of how many screwed SUV and pick up truck drivers there would be. AWESOME! Since a overwhelming majority of SUV and truck owners don't need those cars to begin with they are getting what they deserve. All those stupid soccer moms driving cars WAY to big for them handle. Yeah it will cost me $100 to fill up, but I'd gladly pay it to greatly reduce all the useless SUV and truck buying. Oh yeah, and it will reduce all the emissions. And I'm not saying SUV's or pickup trucks are bad. But do most people really need a small tank of a vehicle to go get groceries and pick up their kids from soccer...I think not.

 

[Bozono]

Originally posted by: five40
I seriouslly hope it does get to $10/gallon. I hope it doesn't get to $10 because of a terror attack, but just by normal pricing means. $10 a gallon would RULE. Just think of how many screwed SUV and pick up truck drivers there would be. AWESOME! Since a overwhelming majority of SUV and truck owners don't need those cars to begin with they are getting what they deserve. All those stupid soccer moms driving cars WAY to big for them handle. Yeah it will cost me $100 to fill up, but I'd gladly pay it to greatly reduce all the useless SUV and truck buying. Oh yeah, and it will reduce all the emissions. And I'm not saying SUV's or pickup trucks are bad. But do most people really need a small tank of a vehicle to go get groceries and pick up their kids from soccer...I think not.

Yeah Man! Nothing I like better than paying $6 for a box of cereal and $1 an apple.

 

[Koenigsegg]

Originally posted by: five40
I seriouslly hope it does get to $10/gallon. I hope it doesn't get to $10 because of a terror attack, but just by normal pricing means. $10 a gallon would RULE. Just think of how many screwed SUV and pick up truck drivers there would be. AWESOME! Since a overwhelming majority of SUV and truck owners don't need those cars to begin with they are getting what they deserve. All those stupid soccer moms driving cars WAY to big for them handle. Yeah it will cost me $100 to fill up, but I'd gladly pay it to greatly reduce all the useless SUV and truck buying. Oh yeah, and it will reduce all the emissions. And I'm not saying SUV's or pickup trucks are bad. But do most people really need a small tank of a vehicle to go get groceries and pick up their kids from soccer...I think not.

Right, because only SUV and truck drivers buy gas. Everyone else's cars run on urine.

Here's Mr. rolly eyes for you :roll:

 

[dug777]

Originally posted by: Koenigsegg

Originally posted by: five40
I seriouslly hope it does get to $10/gallon. I hope it doesn't get to $10 because of a terror attack, but just by normal pricing means. $10 a gallon would RULE. Just think of how many screwed SUV and pick up truck drivers there would be. AWESOME! Since a overwhelming majority of SUV and truck owners don't need those cars to begin with they are getting what they deserve. All those stupid soccer moms driving cars WAY to big for them handle. Yeah it will cost me $100 to fill up, but I'd gladly pay it to greatly reduce all the useless SUV and truck buying. Oh yeah, and it will reduce all the emissions. And I'm not saying SUV's or pickup trucks are bad. But do most people really need a small tank of a vehicle to go get groceries and pick up their kids from soccer...I think not.

Right, because only SUV and truck drivers buy gas. Everyone else's cars run on urine.

Here's Mr. rolly eyes for you :roll:

:laugh:

 

[ironcrotch]

Originally posted by: Ricemarine
How about...

Bush, please put in more money for the development of hydrogen fuel cells.
So that you won't make anymore money off your gas company.

Why is it Bush's job to spend more tax money on it. There's this thing called a private sector you know..

 

[dug777]

oh and don't forget that ALL your stuff has to be delivered around the country by trucks/trains/planes that guess what? Yup, use petrochemically derived fuels.

Stupid fvcking ignorant retarded asshat.

 

[ironcrotch]

BIODIESEL FTW

 

[Trevelyan]

Originally posted by: dug777
oh and don't forget that ALL your stuff has to be delivered around the country by trucks/trains/planes that guess what? Yup, use petrochemically derived fuels.

Stupid fvcking ignorant retarded asshat.

Exactly... $10/gallon might stop frivilous driving and SUV purchases, but it will also cripple the trucking industry, which is the backbone of delivery of goods for this nation. That means that your grocery store prices will skyrocket, not to mention the cost for any other good that is not locally manufactured, which includes EVERYTHING you buy on a normal basis.