Forum Discussion
FishOnOne
Oct 29, 2014Nomad
jus2shy wrote:
You guys are probably not aware of this, but the US is producing more fuel than Saudi Arabia. Fuel prices are predicted to remain stable for about 10 years.
edit - also, aver per vehicle mileage has also dropped though total car ownership has increased. Our total vehicle mileage peaked in 2005 thus far. That's about 2 or 3 years before the recession.
I disagree with the fuel prices being stable long term. The worlds oil reserves are shrinking and the oil company's are mainly focusing on exploring locations that can provide oil and gas with less investment.
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