Wednesday, March 29, 2006

Gasoline's a bargain, given future prospects

In response to "Prices at the pump expected to continue to climb" (March 17):At $2.50 a gallon, gas is an enormous bargain. Think of other liquids that cost more, such as milk, juice and beer. The problem is geology. Worldwide demand for oil is expected to grow about 3 percent a year and after the supplies peak, supplies will decrease 2-8 percent a year. This spells disaster.

( Full story here )

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