Its the End of the World as We Know It, But Very Few of Us Feel Fine

As the price of oil crosses the $120 per barrel threshold, the price per gallon continues to shock and awe Americans. The price here in Cheyenne, WY, is among the least expensive in the nation at just under $ 3.40 per gallon. The expectation is for another 25 cents to 50 cents increase in the coming six weeks. The absolutely frightening thing is these prices are going to look wonderful two, three, four years down the road as the price per gallon is headed past the $ 6 mark and probably past $ 7 by 2012 for regular unleaded gasoline. Diesel fuel will surpass $ 8 or $ 9 per gallon, perhaps even $ 10 per gallon. The end of the golden age of the automobile is now here and the end of mass public use of the private motor vehicle is clearly in sight. Life is going to be powerfully and tremendously different for most. The link to AAA fuel guage report belowwill allow one to see the prevailing prices everywhere; its likely worse somewhere else than where you are, unless you are in CA or HI.

http://www.marketwatch.com/news/story/gasoline-could-hit-7-oil/story.aspx?guid=%7B824E895C%2DF649%2D4526%2D89F1%2D50C198A8A0D5%7D

http://www.fuelgaugereport.com/CAmetro.asp

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