$5 Gas/Gallon in 2006?

submitted by Sang on 08.18.2005 in Life, Links

If you think all this flirting with $3-a-gallon gas is already a pain in the pocketbook, brace yourself. Oil expert Craig Smith predicts gas prices will skyrocket next year, jumping to five bucks a gallon. And if terrorists successfully strike a major Middle East oil field, Americans might end up paying $10 a gallon — about $110 to fill a Ford Focus’ 11-gallon tank. Smith, a self-proclaimed geopolitical know-it-all hawking his new book Black Gold Stranglehold, says Americans — tree-hugging politicians and car-addicted commuters alike — should blame themselves for the coming spike in prices. “Why are they charging higher prices for gas?…

Read more: Click.

+snguyen