Enjoying those prices at the pump? You might not want to get used
to them. A former top oil executive says the price of gas at the pump
could double by the end of the year.
In an interview with CNBC, former Shell Oil
President John Hofmeister predicts that U.S. oil could skyrocket from
the current levels under $48 a barrel to $80 by this fall, just as
consumers are getting used to the windfall from lower gas prices. That
would force gas prices to double, from the current $2 to a whopping $4
by next winter.
(more)
Please share this article
No comments:
Post a Comment