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06-19-2007 08:19 AM #1
A view into the future................
.............of gasoline prices.
It's seldom we are exposed in advance to the the consequences of largely undisclosed legislation. For those with the intellectual curiosity to read and comprehend the information on the attached link, pay particular attention to Table 1. You'll note that these projections show that without the current efforts of our beloved Senate leaders that gasoline will likely climb somewhere around 54 cents over the next 9 years (not considering any political events outside our shores that could inhibit worldwide supplies of crude oil). An increase of some 16-17%. However, apply the wisdom (?) and "protection" from gouging and "saving the environment" and the price will come close to doubling. Thank you Senators! This, btw doesn't take into account the effects of raiding our food supplies to produce biofuels, and the resultant price increases at the grocery store that we can also expect.
As history repetes itself, in 2016 the bleaters will be blaming the oil companies again even though they may see (and ignore) this.
Enjoy; http://www.heritage.org/Research/Ene...ent/wm1512.cfmYour Uncle Bob, Senior Geezer Curmudgeon
It's much easier to promise someone a "free" ride on the wagon than to urge them to pull it.
Luck occurs when preparation and opportunity converge.
And then a newer model....
Montana Mail Runner