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Arden blogs $140 Oil and $5 Gas You are here

$140 Oil and $5 Gas

(Llewellyn King is executive producer and host of "White House Chronicle" on PBS. His e-mail is lking@kingpublishing.com .)     According to a loosely-organized apocalyptic Christian movement, May 21, 2011 will be the "end of days."    On or about that same date, the price of oil in the United States will begin to climb to $4 a gallon, according to two savants of the oil industry.   The former is highly unlikely but the latter is very probable.   The escalation in the price of oil is predicted by the legendary oil man T. Boone Pickens, known for his financial acuity as well as his oil expertise, and John Hofmeister, who retired as president of Shell Oil Company, to sound the alarm about the rate of U.S. consumption of oil.   Interested in knowing WHO, HOW and WHY ? read more http://oilprice.com/Energy/Energy-General/Who-How-and-Why-$140-Oil-and-$5-Gas.html
Fri January 14 2011 05:54:43 AM by Arden oil  |  oil price  |  gas 1629 views
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