Oil to Hit $300 a Barrel (02/16/11)One analyst predicts oil to hit $300 a barrel before this decade is out due to the fact that production will peak in about three years. Perhaps it is time to take electric cars more seriously - although it takes plenty of oil / energy to produce one (meaning prices for electric cars will skyrocket with everything else once Peak Oil is realized). Here is a slideshow of 2011 Electric Cars - although who wouldn't want this gas powered beast.
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American Crier