Environmental Capital - WSJ.com : Oil Shock: Analyst Predicts $7 Gas, “Mass Exodus” of U.S. Cars
Oil at $135? That was just the opening skirmish in the “peak oil” wars. The latest smart money? $200 oil in 2010, with gasoline at $7 a gallon. And that is going to turn Americans into car-shunning Europeans once and for all—poor Americans, at least.
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