Gas to Hit $7 a Gallon?
Marty Jerome, a blogger over at Wired.com warns that we could see gas prices at $7.00 a gallon.
Both Qatar’s oil minister and the head of OPEC can see oil hitting $200 a barrel before the end of the year and one analyst says gas could reach $7 a gallon within four years. That could mean cataclysm for the global economy.
He then wonders why the non-cartel oil producers who control half of the world’s oil production cannot stop the upward trend and points the finger in some interesting directions.
Read this post here … Gas to Hit $7 a Gallon
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