Gas Prices Predicted To Top $6.00 Per Gallon In 2009
Gas Prices Predicted To Top $6.00 Per Gallon In 2009Author: Jennifer StromsteenAs of the day of this writing, the national average price for gasoline is $3.55 per gallon in the US. When gas was under $1.00 the prediction was made by this author it would go to $3.00 per gallon. Here we are with gasoline priced well over $3.00 per gallon, and I am now convinced that the cost of gasoline will reach $6.00 per gallon in the United States at some point during 2009. There is not much that can be done to prevent that from happening. To understand why, we need to look at the factors that are the causes of the price rise. Basically there are three: supply, demand, and the value of the currency. Supply is near or at 100% of capacity. There is only so much oil that can be pumped out of the ground. The amount of crude oil that can be pumped daily out of the giant Cantarell oil field in Mexico is declining rapidly. After peaking at 3.82 million barrels per day in 2004, Mexico's total daily production is falling by as much as 8% per year. North Sea oil output peaked in 1999 at 2.91 million barrels per day. Daily production has since fallen to 1.81 million barrels per day. Similar reductions in daily output have occurred in the United States, Russia, Iran, Argentina, Peru, Columbia, Australia, Turkey, Libya, Egypt, South Africa, Spain, France, Algeria, Pakistan, Yemen, and a host of other countries. However, not all countries have reached peak.
Pages: [1] 2 3 4
Xaíec_Bèëøï comment`s:
I must admit, the one who wrote the fun îòæåã.
22.03.2010
Bypass Your School or Workplace Firewall With School Proxy SitesBypass Your School or Workplace Firewall With School Proxy SitesAuthor: Joanna JoynerWhat is a school proxy? Is it the answer to all the student's problems? In order to understand what a school proxy is, we have to take a closer look at why it exists in the first place. We will talk a little about the background of school proxy and how you can learn to use this kind of tool to serve your needs. Most of the time, people have a lot of difficulties with accessing their favorite sites such as Facebook, MySpace, Friendster or many other social networking sites because they are behind a firewall when they are in school or in an institution. |
Is a Home Internet Based Business Opportunity for Real?Is a Home Internet Based Business Opportunity for Real?Author: Mal KeenanMost of us do not want to take the plunge of leaving our work and starting an internet business online. I mean the risks are great and if you do not know what you are doing then you might just crash and burn within the first few weeks. I won't lie, many people have tried their hand at the internet business and have not been as successful as they would have liked to be. By reading this article and getting as much good advice as you can on and offline, you have started on the right foot - which will hopefully turn your dreams into a home internet based business opportunity reality. |