Le Mans: GT Class
Join Date: May 2008
Location: Ontario, California
Re: If gas went to $6-7 dollars would......................
[quote author=frankh21 link=topic=115927.msg2423422#msg2423422 date=1214546739]
[quote author=arkenzo link=topic=115927.msg2423416#msg2423416 date=1214546333]
Just waiting for them to regulate OPEC and start setting rules for these oil companies. Did you notice many companies were down lately in the stock, but the oil companies always up?
Well I heard on the news today that they forcasted future gas prices in 2010 to be around $7.00 a gallon at the current rising oil prices. Truck sales are already crappy so I can't imagine what they'll be by 2010!!!
Count me in for a Prius or a plug-in electric.
[/quote] The news likes to fabricate shit to get the people wild and ready to steal more atm machines from walmarts...
In reality, as of now, it takes about 1-2 years to build an oil rig to dig out the oil and have it loaded in barrels, what is taking place is, many are trying to invest in oil rigs either, used or new, to supply the demand of current oil, we have lots of it, it's just taking more time and efforts in getting it. From what I have heard, in 2010, our oil-refinery / mining capabilities will be capable of supplying the demand, the only issue is, will the current demand be the same demand in 2010?? That is something to think about.
TurboXS Downpipe/Midpipe - SSQV BPV - Cobb SRI
CT-Zoom-Zoom - Listen buddy, I know way more about car parts then you do