Thinking about taking GM up on their SUV deal

[Raven]

heard today....... a prediction
that gas will be 7 bucks a gallon in 2010

keep that in mind

[Mr. Sandman]

nothing I can do...you can't buy an off efficient off road vehicle that can seats 8 or 9, has massive storage, can tow a boat or go thru 2' of snow. There is no such thing. There are no plans to build an efficient vehicle for the sportsman. There are no electric cars in production. (yeah there are a few but nothing of significance) I'll buy a volt for my wife in 09 or 10 but I'll always need an Yukon XL or suburban. I will have to eat the gas costs.

I'll tell you what is going to feel some pain....airlines. There is no way in hell, ever, in the next 100 generations that you will see a solar or battery powered commercial airliner....ain't gonna happen. They need jet fuel.

Drill now!

[hulkyj61]

Originally Posted by Raven

heard today....... a prediction
that gas will be 7 bucks a gallon in 2010

keep that in mind

Chances are this will not happen, its just a bold statement that made headlines. Since most people dont know a whole lot about the econmey, the big news outlets will flash this across the screen to "make news". If we stop driving like we are starting to do, our demand will decline causing a sharp decline in oil prices. the US is the #1 consumer of oil in the world, so a 5% delcine in oil usage will drop the price of oil a ton.