I was informed by a friend today that some of the oil guru's are predicting that oil could go as high as 105.00 per barrel by summer! This could be a disaster!-:t The time seems ripe to really make Bio Diesel our new fuel of choice, get production up and get the price down. We could be at risk of changing our lives and our affection with the automobile as we know it. We need to start contacting elected officials and get the ball rolling. Maybe we should also start watching bio diesel stocks, any one with any insight to this?:help:

That report was broadcast by all the major news outlets. If I remember correctly I think it was Goldman Sachs that put that out. The had recently said the price range could be between 50 and 85 a barrell. They changed it to something like 55 to 105 a barrell. Keep in mind that high mark is if a bunch of bad things all take place kind, of like the perfect storm. The most likely scenario is somewhere in between. Many of the experts predict a high runup like we saw in the 70's, demand dropping, then prices lowering again. Who knows what will really happen.

John

paying 270 here up from 199 summer and was 139 when I bought my truck