Sunday, January 25, 2009

Oil Hits $336.00 a barrel in USA!

Wake up America!

Peak Oil is here

The Los Angeles Times reports on January 25th 2009 that oil prices have reached $336.00 dollars per barrel in the USA!

That is the price of heating oil this month in fishing villages in Alaska. ($8 a gallon times 42 gallons in a barrel).

People are having to decide between heat or food!

Even Sarah Palin's new celebrity status hasn't seemed to prevent this crisis.

1 comment:

Amit said...

That's insane! But I would think that has more to do with a lack of infrastructure, than with peak oil.