Friday, June 27, 2008

$7 A Gallon Gas in 2010 Would Raise Many Questions

Jeff Rubin at CIBC World Markets is predicting $7 a gallon gas in 2010.

If this comes to pass, what will the implications be for driving habits, commuting patterns, real estate prices, and economic growth? In the Denver region does this open up an opportunity to accelerate renewable energy development? Will ConocoPhillips ramp up their employment of local workers at their Louisville campus even faster than the recently announced 7,000 workers by 2028?

FasTracks can't get here soon enough.

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