New Poll Reveals Americans Fear an Oil Crisis - Bestselling Author Explains Why
A new poll reveals that three out of four Americans fear the supply of oil will not be able to keep up with global demand. Most Americans also believe there are major energy problems looming -- including potential oil shortages -- according to a new CNN/USA Today/Gallup poll.
Stephen Leeb, of Leeb Capital Management in New York and author of the bestselling new book THE COMING ECONOMIC COLLAPSE: How You Can Thrive When Oil Costs $200 a Barrel (Warner Business Books), says that Americans are right to fear that both an oil crisis and economic collapse are inevitable unless steps are taken immediately. "The entire future of our country now hangs on a few politically unstable countries that could implode at any time. This is no way to run the world and no way to run our country," Leeb says.
( Full story here )
Stephen Leeb, of Leeb Capital Management in New York and author of the bestselling new book THE COMING ECONOMIC COLLAPSE: How You Can Thrive When Oil Costs $200 a Barrel (Warner Business Books), says that Americans are right to fear that both an oil crisis and economic collapse are inevitable unless steps are taken immediately. "The entire future of our country now hangs on a few politically unstable countries that could implode at any time. This is no way to run the world and no way to run our country," Leeb says.
( Full story here )
posted by Oil Shock at 3/16/2006 10:41:00 PM
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