The end is nigh!

Discussion in 'Economics' started by RhinoGG, Jun 13, 2008.

  1. RhinoGG

    RhinoGG Guest

    Demand for energy is rising around the world, according to the U.S. Department of Energy and the International Energy Administration.

    Data show global demand for oil and natural gas will likely grow 45% by 2030 compared with 2006. The Department of Interior estimates there are 112 billion barrels of technically recoverable oil beneath U.S. federal lands and coastal waters.

    That’s enough oil to fuel 60 million cars for 60 years, when you take into account the average yield of gasoline from a barrel of crude oil and the average number of gallons of gasoline consumed annually by a passenger vehicle.
  2. RhinoGG

    RhinoGG Guest

    Only 60 years left boys & girls.
    Better sound all the ALARMS and hoard as much as you can before the last drop of oil(gasoline) is recovered/produced.

    Yep, the end is near people, only 60 years left before its all over. Hurry in while supplies last...

    Given this earth-shattering, ground breaking news, I predict oil to be at $400 by Monday morning and over $600 at the end of next week. $800 by the 4th. Happy Independence day!