Quote:
Originally Posted by sandgk
Oh - never mind, it'll take at least 3 weeks or more for those prices to hit the pump 
Help is on the way!!
This article says that within 5 years many new technologies leading to 40 MPG SUVs or better could be on the road.
The sad part - that article was written in November 2002 - and nothing was done since then.
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funny you say that. the other day i was reading a bunch of articles that i googled about oil and speculation. the articles all sounded the same about the spike and the speculators and how supply and deman hasn't changed etc etc. then you would read the last sentence and it would say something to the effect of "crude oil prices closed at a new all time high of 52.50 and most analysts agree that there is a 20 dollar speculative premium built in" I would then look at the date and the article i was reading was over 2 or 3 years old. I think the media is just copying an pasting the same articles over and over and just changing the prices to reflect the current price.