Quote:
Originally Posted by Topspinmo
Anybody willing to guess how high gas prices will be in year and 4 years. IMO $3.50 and above $5.00. So will say that good thing, and some will say its economy killer. It will affect everything, most all food prices. There will Alway be demand for crude oil and coal.
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I will also say $3.50 and $5.00 but worse there might be shortages as we lose energy independence in which case price could escalate to $8 per gallon. And it will be an economy killer as oil workers are laid off and the CPI prices see substantial inflation. Stagflation again.