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Five Dollars Per Gallon Of Gasoline Predicted But Could Be Avoided
- December 27, 2010
- Posted by: Ted Bullen
- Category: Alternative Energy, Automotive, Energy, News, Oil & Gas, Transportation
No CommentsToday, the former president of Shell Oil, John Hofmeister, says Americans could be paying $5 for a gallon of gasoline by 2012. He added the caveat: “I’m predicting actually the worst outcome over the next two years which takes us to 2012 with higher gasoline prices.” This prediction has, understandably garnered a lot of press.