CAVEAT: THIS BLOG CONTAINS (albeit often very childish) ADULT-CONTENT. DISCLAIMER: Entries at this blog are akin to good old-fashioned campfire chats; I offer no opinion on what you should or should not purchase, or what you should be using or doing. What does or does not work for me could be long country-miles away from your tastes and your needs. Any products, places, and / or whatnots that I review for this blog are purchased at retail price by me. I do not accept payment, gifts, discounts, freebies, products on loan, demon alcohol, drugs, plea-bargains, probation, parole, Presidential Pardons, or sexual favors for doing any review. TRACKING COOKIES: Google et al sticks tracking cookies on everybody. If you are online, you are being spied on; 'nuff said. You may be able to minimize your online footprints by using Tor and Duck Duck Go. Vive la liberté! Vive all y'all! Ante omnia armari. To each of you, thanks for stopping by!

Tuesday, June 10, 2008

Entry for June 10, 2008

Some experts are predicting $5.50 - $6.00 a gallon gasoline this year. Look for the mother of all recessions and a return of Jimmy Carter era stagflation if gasoline climbs to such heights. Many household and corporate budgets will not survive the weight of more debt.

Since the experts are going north, I will go south. Barring war, Gulf of Mexico hurricanes, or an act of terrorism, I predict that gasoline will be in the range of $3.50 a gallon by November 1, 2008. All bubbles burst, and most agree that currently much of the price for a barrel of oil is speculation.

Just a hunch, gasoline for $3.50 a gallon by November 1st, let’s see how close I come.


James A. Zachary Jr.

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