4.11.2006

Gas Costs Expected to Be High This Summer - Yahoo! News

Gas Costs Expected to Be High This Summer
Prices are going back up again and this time I don't think it will quit at $3 a gallon. Of course, oil companies will reap massive profits once again. How many Presidents can you buy at $10 billion a quarter? Anyway, like a cover article in Wired Magazine a few months ago states, high prices at the pump are great for alternatives. As the price of petroleum increases, alternatives become cheaper in relative terms. If you can fill your diesel with regular for 3.20 or biodiesel for the same amount, why not try biodiesel? The same goes for ethanol, which has seen a big push from GM and Ford, who are now actually telling people they produce vehicles that use the fuel. I think the trends in expensive gasoline will prove alternatives a more viable choice in the future and it will be sooner than expected.

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