28 January 2008
Word on the street: yall bout to be broke!
If you drive, than listen.
If you eat than listen.
If you live--> than listen.
GAS PRICES ARE GOING UPPPPPPP, Up, UP, UPP!
Jeroen van der Veer, the CEO of Shell Oil Co. , stated
"Regardless of which route we choose, the world's current predicament limits our maneuvering room. We are experiencing a step-change in the growth rate of energy demand due to population growth and economic development, and Shell estimates that after 2015 supplies of easy-to-access oil and gas will no longer keep up with demand."
Translation: In 7 years, demand for oil will exceed production/supply and the price ($$) of gasoline will skyrocket past affordability. $3/gallon will be a dream boat compared to 2015. This means that it will cost more to drive, fly, boat, train, bus, or whatever you do.
Translation: The price of any one product that is imported into this country will rise.
This includes: food, clothes, books, electronics, toys, tools= everything.
If you wish to read more: http://www.treehugger.com/files/2008/01/shell_ceo_peak_oil.php
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