Libyan unrest to take gasoline to $4 per gallon?

Well if the Egyptian uprising didn’t do it, perhaps the Libyan one will. Reports today from CNN about the cost of instability of oil. Reminds me of this recent post I wrote on the opportunity costs that all of this unrest is causing

Are we looking at $4 per gallon this summer? What do you think of all of this? Will it make more people move towards solar power as a choice?

Sass

1 Comment

  1. Hieu says:

    I believe it’s highly possible we will see $4 per gallon this summer if the unrest in the Middle East and North Africa continue. Even without the unrest in these regions gas should be heading to $4 per gallon by the end of this year as the world economy pick up. Renewable energies like solar is definitely a plausible and attractive solution.

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