re: OIL soars $10.75 a barrel to $138. - By Summer's end...
... we may be paying $5.00/gallon.
A couple of weeks ago, Matt Lauer interviewed a CEO of the oil industry and he 'so matter-of-factly stated that we, WE in the U.S.A. may well be paying up to $5.00/gallon. His reasoning was due to the high demand of countries such as India and China. When asked about refinering aspects, there wasn't a comment, only that the U.S. would have to find ways to conserve. - No lie. -
