Top Photo: Beijing China Traffic when I first went there in 1982.Bottom Photo: China traffic today (2012).
FACT: China will add another 170 MILLION cars the next 5 years. India, Brazil will add millions more as well.
Conclusion: $2.50 gas is a pipe dream. It's a GLOBAL gas market. Supply is LESS than demand and will continue to fall short as demand and the economies pick up.
Source:
Better Times Ahead: April Fool? "Agenda for American Greatness"
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