Oil shock prediction: $25
Original post made by Sharon, Midtown, on Dec 4, 2008
This will be a huge boost to the economy in terms of cost but will derail most alternative energy initiatives for some time.
It will also impoverish Islamic countries and Russia with profound political effects.Web Link
It does provide an opportunity for new tax revenues for the fed and state on gas taxes as we have become used to $3 gas
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