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Smart people in the buisness seem to think Oil will hit $200 a barrel by the end of this year. That should put gasoline somewhere around $6-$7 a gallon. The good news is that it cant go too much higher than $9 a gallon, or liquid Hydrogen via electrolysis becomes cheaper, even using old technologies. The bad news, $9 a gallon gasoline will bankrupt all US automakers, and cripple the economy with inflation.
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