oil price surge

Please read the energy non crisis. I predict that oil shortages are coming. Hey, we are going to see soaring energy price. This is a crushing blow to the very poor.

What we see is creeping gas prices. Libya is fueling the price rise. Expect the price to continue to creep up.

Oil surges

Oil prices closed up. This is due to dollar weakness and inflation woes. Folks, these are the consequences. Yeah, when we print money. Ben Bernake calls it quantitative easing. Well, we call it printing green. Items will get more expensive. Expect more inflation as oil surges.

oil goes up

Crude oil has biggest gain in six weeks now. Perhaps this is setting the stage for what is coming. That said, we need to prepare. I predict that this decade we will see a dramatic rise in gas prices. Fact is, it will go over $5 and continue to rise. Fuel efficient cars will use less gas. Perhaps rising oil prices tell us it is time to get a new car. John Titor said get a bicycle and I agree.

pump pain

Yesterday is was on the news. People, gas is going up. Expect this trend to continue due to peak oil causing a rise in petroleum prices. Future price of oil is much higher than now. Out there we see a lot of pump pain. Laborers that are out of work are forced to pay more. This is one of my major predictions as in rising energy prices. As gasoline prices move up, people have less money. That means sales of other goods go down and states have less tax revenue.

gas going up

People, I told you, yes I told you that you would see gas over $3/gal this summer. Well, you may not have to wait very long because prices are increasing right now. Gasoline prices are moving up. We hit peak oil in 2005 and that means in this decade the price increase will be massive. As red china consume more petroleum products expect an increase in prices.

oil hit new high for 2009

I was told that once the summer driving season was over, we would get some relief from high gas prices. However, petroleum prices continue to rise. Crude oil hit a new high for 2009. Truth is we hit peak oil back in 2005 and our temporary drop in fossil fuel prices - well that was due to our severe economic recession.

oil crisis soon

Gasoline is soon going over $3/gallon. While this may not seem like much of a prediction, it did not seem possible in January of this year when prices were a buck and a half. Actually, reasons are right in front of us. Folks, we are running out of oil.

Back in January when price of oil was in the 30's, any talk of $250/barrel oil seem so foolish. However, now petroleum prices are surging and this will put out any talk of an economic recovery. This because we already got all the easy oil and must now drill the high arctic and other environmentally sensitive regions.