Friday, April 25, 2008

Where are gas prices going in the next 4 or 5 years?

I'm listening to Bloombrg radio on XM, and they were interviewing some analyst. He was asked where he thought prices were going in the longer term, 4 or 5 years out.

Answer: $7 a gallon.

Yikes, that's scary.

My E85 experiment makes even more sense, although I hope that when gas is $7 a gallon, E85 isn't $6.50 a gallon!

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