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Re: Gas/Oil - demand
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Posted by Jeff C on April 12, 2005 at 12:19:13 from (205.251.49.138):
In Reply to: Gas/Oil - demand posted by Hayman on April 12, 2005 at 07:09:58:
I had a good laugh over the comment about never seeing a Hummer with dirt on it...how true. It never ceases to amaze me how some people are convinced they need a four wheel drive vehicle, yet NEVER need four wheel drive. I saw a Detroit auto "expert" on PBS the other day mentioning that unless gas goes to $4 per gallon, and stays there, that the average consumer's buying habits will not change appreciably. He claims that people are used to gas prices going up but they always seem to come back down to a "reasonable" level. But with an increasing demand in places like China, I'm thinking gas prices are definately on the rise. Some financial experts saying the other day in print media that they wouldn't be suprised to see oil hit $100/barrel! Tell me it ain't so!!!!!
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