Friday, April 01, 2005


Anyone worried about the new studies released this week about oil supply? Anyone hear what Goldman Sachs has to say on the topic?

The news is not good my friends.

Washington, Oklahoma and North Dakota are raising gas taxes. There are warnings going off all over the place within the DOE. I am not usually a doomsdayer, but I haven't seen any encouraging news on the subject. Oil is now around $55 per gallon and the predictions are it will soon be more than $150.

The DOE has a web site (several of them actually) with ideas on how to conserve energy. It's worth a look.

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