While everyone is focused on Rev. Wright, Drudge has a headline that gas could go to $10/gallon

[dkf]

Wake up people...This is the thing that will sink all of us, black and white, rich and poor.

We better start thinking of how we are going to solve this country's problems instead of focusing on things that are distractions.

Peak Oil...learn about it because it has huge implications for you, your families, your kids...everyone.

I don't understand why our politicians aren't talking to the American people about this hugely important problem. It cannot be a side show, it needs to be the center of our attention.

[Metric System]

1. Sludge has been strangely silent when it comes to damaging stuff concerning Obama. It makes you

wonder, especially when Obama supporters insist he's in cahoots with the Clintons. If he is, it's a strange relationship since all he does is post negative stuff about them.

[Joe the Revelator]

3. Thanks for completely missing the point and proving the OP right.

[proud2BlibKansan]

5. Drudge in cahoots with the Clintons?

That's way out there.

[proud2BlibKansan]

2. Drudge?

How about letting us know when honest media jump on this story. Then we can worry.

[Joe the Revelator]

6. You better be worrying about Gas prices, I assure you that its more important then someone's pastor

And its not like drudge made it up, its linked to another news source.

[proud2BlibKansan]

7. Well then how about posting a link to that other source?

Drudge is a tool and can't be trusted. Don't you know that?

[Joe the Revelator]

9. You're out of your mind. You can keep pretending that drudge doesn't matter or you can be on top of

things. the choice is yours. I'm betting that you're going to stick your fingers in your ears.

http://www.nysun.com/news/business/gas-price-may-soon-cost-sawbuck

[proud2BlibKansan]

17. I am out of my mind for knowing Drudge is not a reliable source?

:wtf:

Is this still DEMOCRATIC Underground?

[Joe the Revelator]

20. You have a funny idea of what it takes to be a democrat

You support the attempted murder of police officers and you support covering your eyes and cowering in fear of Drudge. I'm a big enough to boy to be able to tell when he wrights his own "stories" and when he is the first person to link to a real story.

[proud2BlibKansan]

21. when he "wrights" ??

Talk about a Freudian slip. LOL

Actually I don't believe anyone attempted to murder those cops. First of all, they were undercover and none of the men in the car knew they were cops. They bumped into them as they tried to get away from a volatile situation. That isn't attempted murder. But regardless of the details, the cops SHOT 50 ROUNDS into that car. Sorry, but NOTHING justifies that, absolutely NOTHING. A good friend of mine is a cop and he explained to me exactly what those cops did to Sean Bell. They shot and at some point had to reload their weapons. They stopped and had time to think and it is obvious their plan was to murder Sean Bell. And that's a cop's take on it. He called it "classic police brutality".

As for Drudge, I don't fear him. He is not a reliable source and is a friend to the right wing. And if you recall, the OP here just quoted Drudge and didn't link to Drudge OR to the source he was quoting. Without a link, who was to know where Drudge supposedly got his information?

[jaxx]

8. Who's the honest media?

[dkf]

10. This is from a commodities tracker at Weiss Research based on $200/barrel

The forecasts calling for a jump to between $7 and $10 a gallon are based on the view that the price of crude is on its way to $200 in two to three years.

Translating this price into dollars and cents at the gas pump, one of our forecasters, the chairman of Houston-based Dune Energy, Alan Gaines, sees gas rising to $7–$8 a gallon. The other, a commodities tracker at Weiss Research in Jupiter, Fla., Sean Brodrick, projects a range of $8 to $10 a gallon.

While $7–$10 a gallon would be ground-breaking in America, these prices would not be trendsetting internationally. For example, European drivers are already shelling out $9 a gallon (which includes a $2-a-gallon tax).

Canadians are also being hit with rising gas prices. They are paying the American-dollar equivalent of $4.92 a gallon, and they’re being told to brace themselves for prices above $5.65 a gallon this summer.

Early last year, with a barrel of oil trading in the low $50s and gasoline nationally selling in a range of $2.30 to $2.50 a gallon, Mr. Gaines — in an impressive display of crystal ball gazing — accurately predicted oil was $100-bound and that gasoline would follow suit by reaching $4 a gallon.

His latest prediction of $200 oil is open to question, since it would undoubtedly create considerable global economic distress. Further, just about every energy expert I talk to cautions me to expect a sizable pullback in oil prices, maybe to between $50 and $70 a barrel, especially if there’s a global economic slowdown.

http://www.nysun.com/news/business/gas-price-may-soon-cost-sawbuck
While Mr. Gaines thinks there could be a temporary decline in the oil price, he’s convinced an overall uptrend is unstoppable. In fact, he thinks his $200 forecast could be conservative, and that perhaps $250 could be reached. His reasoning: a combination of shrinking supply and increasing demand, especially from China, India, and America.

Mr. Brodrick’s $200 oil forecast is largely predicated on a combination of pretty flat supply and rip-roaring demand. Other key catalysts include surging demand in China and India, where auto sales are booming, and major supply disruptions in Nigeria and also in Mexico, our second-largest source of oil imports, where oil production has fallen off a cliff.

More factors include the ever-present danger of additional supply disruptions from volatile countries in the Middle East that are not our allies, and the unwillingness of SUV-loving Americans to trim their unquenchable thirst for foreign oil. Likewise, for the first time, emerging markets this year will use more oil than America.

[proud2BlibKansan]

19. Thank you

Much better source.

[KittyWampus]

4. so we should all celebrate when it goes to $5. This is LITERALLY Orwellian.

[dkf]

11. Huh? I predicted $5 gas a year ago and people laughed at me.

Well I'm not laughing that I'm going to be right because this is not something I WANT to happen, it is something I see.

The world is not going to be producing enough oil to supply our needs.

People need to get their heads out of their butts before its too late.

[harun]

18. Two years back I said oil would be at $150 a barrel by the time B*sh leaves

office and they all said I was crazy. The point people are missing is as far as the administration is concerned $150 is a success. All their main supporters benefit from it. This is simply their energy policy, rack up as much dough as they can get away with. Control as much oil as they can get away with.

They need to start making full plug-in electric commuter class vehicles.

[GoesTo11]

12. I'm starting to regret buying the 2 hummers for my commuter town McMansion

60 miles each way x 1 gallon / 10 miles x 2 commuters x 2 trips (in and out per day) x $5/gal = $120/day.

Just kidding by the way, I don't really own 2 hummers or a commuter town McMansion.

[iamjoy]

13. Because There's No Solution

Politicians aren't talking about Peak Oil because if the worst predictions are true, there isn't very much we can do. No politiican ever got elected by talking about problems with no easy solutions.

Most Americans do not want to give up their lifestyle. They like their big houses which use tons of oil or power to heat and cool. They like living in the suburbs with their big gas guzzling SUVs (although they do whine about the commute). They like taking long hot showers and using water for big, thirsty lawns.

In two generations, we have forgotten how to economize, I mean, really economize like Americans did during the Great Depression and WWII. What is worse, is we have an infrastructure that promotes waste - so even if you wanted to economize, you would encounter road blocks at every turn. ?

[GoesTo11]

15. There's a solution, but it's not going to be pretty

We could live like it's 1940 again. Prince could sing "Tonight we're gonna party like it's 1939", which wasn't that much of a party.

[iamjoy]

22. But, That's What I Mean

Our population is a lot larger than it was in 1939. If there really is an oil crash in the next ten years, we won't be able to grow enough food to sustain our population or to get it to market. Most of us do not have enough land to grow our own.

We didn't have a lot of suburbs in 1940.

[CK_John]

14. Drudge must have read my post yesterday. n/t

[Bread and Circus]

16. Peak oil theory, as I understand it, will be like a huge meteor hitting the planet...

it will change everything.