AT $ 125.00 A BARREL – AT $4.00 a gallon for GASOLINE – THE WORLD DOUBLE DIPS INTO RECESSION AND POSSIBLE DEPRESSION – DO THE MATH? Prices at the pump have been on the rise and are now averaging just over $3 a gallon nationwide, according to AAA. That’s up almost 20 cents from just last month and more than 40 cents from a year ago. But it’s nothing compared to what one former oil industry insider says is in the pipeline for motorists.

John Hofmeister, an ex-president of Shell Oil, says we’re looking at $5.00 a gallon gas in 2012. Hofmesiter, who is founder and CEO of the non-profit organization Citizens for Affordable Energy and author of “Why We Hate the Oil Companies: Straight Talk From an Energy Insider,” due for release May 25, notes that crude oil prices rose above $91 per barrel Tuesday, and several large investment banks see it hitting $100 next year, as China, India and other emerging economies compete with developed countries and tighten the world’s oil supply

In predicting $5.00 a gallon gas, Hofmeister cites not only increased oil demand from Asia, but Obama administration clampdowns on offshore drilling. He also says there’s little Americans can do to cut their own demand, since many drive to work. “We’re right back to where we were in 2007 and 2008, in terms of U.S. demand,” Hofmeister told “Early Show” co-anchor Rebecca Jarvis Wednesday. “What’s different this time, however, is that Asia’s demand is much, much higher than two years ago. And the world is having a very difficult time getting past 85 million barrels-a-day of (crude oil) production.

“In the U.S., we use 20 million barrels a day. We produce about seven. We’re not drilling. We’re going to produce about six a year, year-and-a-half from now. That means we have to import more oil, while the whole rest of the world is also importing oil. It’s going to put tremendous upside pressure on the crude oil price, which is the only way to tamp down demand. It’s very worrying for consumers and, really, for the American economy to think we would go back to such high prices.”

Hofmeister calls it a “disgrace” that officials here didn’t see this coming. “Back in 2007 and 2008,” he told Jarvis, “I testified (before Congress), when I was still part of Shell, that we needed to resume oil production in this country, back to previous historic levels of about 10 million barrels a day. We were at seven at the time. We have done nothing in the last two, two-and-a-half years to try to increase the domestic production back to where we were in the 1970s at 10 million barrels a day. That would have a tremendous impact not just on worldwide, but on U.S. affordability of oil.

“But instead of producing more oil, what are we doing? We’re producing less. There is a (drilling) shutdown in the Gulf (of Mexico) and the secretary of the interior has postponed the next (oil drill tract) five-year leasing plan to 2017. So, we’re not doing very well on producing our own oil.”

And the demand side, he adds, offers little relief. “Unfortunately,” he observed, “for some people, they have no choice but to cut back because they just don’t have the deposable income to purchase gas at those high prices. Unfortunately, also, high gas prices — or high crude oil prices tends to increase unemployment, because companies can’t afford to stay in business.

“It’s really a disgrace that the world’s largest economy (that of the U.S) hasn’t figured out over these last years that we would resume demand and need more oil.”

As Big Oil is NOT going to FIX this anytime soon – they make too much – and we report competitive capitalism is broken – it does NOT WORK – one example is this greed fest. Everyone is making so much money they don’t want to bring the price DOWN with new FINDS. Our solution over a 20 year energy transition period:

1. THE USA and G20 Forum SUPER GOV ( NASA LIKE ) international institutions

2. These PASA FIRMS – explore for ( fast and with leading new SAFER technology ) all the oil in the world which is under water – breaking OPEC and the CARTEL of greedy oil firms on national POLICY

3. PASA researches far more cleaning ways to burn oil products

4. Oil plunges as they launch – just the announcement – Oil firms are free to do what they will – but they better hurry or the nations will control the distribution pipe – for public interest

5. National Treasuries will no longer be held hostage to energy swings of 500% in five years from greedy failed energy firms that sat on investment of hundreds of billions – failed to upgrade refinining – distribution or supply lines to bring those prices in line with world growth and prosperity for all peoples.

What is our public energy POLICY?

Do the math.

First – we produce 6 million barrels a day and falling. Second we consume over 20 and rising. Third we have shut down all new sources of supply in our nation virtually – flat lined it.

That is OUR POLICY?

We have told you – we are in economic world war III. Our enemies are using markets and energy as a weapon. Oil is now a weapon of our destruction. Oil Policy must be introduced to counter this other terror threat. In our opinion.

G 20 – Protect “we the people” of the Global Village – stop fighting and start cooperating – your future is the consequence of a superior idea plan team and execution of new policy.

Shake em up – big thinkers.

Written by Berny Dohrmann | The CEO Space Blog
Cooperative Capitalism In Action
http://theceospaceblog.com/2010/12/5-00-gas-are-you-ready/

Fortunately, the entrepreneurial spirit that built America is based on the ability to adapt. The only true way to fight the high future cost of driving is to work from home, and that requires cash in you pocket.

I believe more and more people are going decide to look for an income opportunity and work from home that does not depend on travel, spending a higher percentage of your hard earned dollar supporting the oil companies, and paying gas tax revenue continuing to have your hard earned dollars siphoned out of your paycheck at a greater pace than ever before… you actually working to pay then to continue to work! It really makes no sense.

So getting involved and starting your own home business will be more attractive by the day. America is changing dramatically and will continue doing so. We can argue the reasons and the ideologies but it is much better at this point to adapt your thinking, accept the realities of the moment, and build your future from home.

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Imagine simply sending people to a free informational webinar, and making $2000 to $5000 a week! How about one sale a week, bringing in an extra $1000 a week? Would this help pay the $5.00 a gallon gas price? Would you keep driving to work everyday?

Set aside 47 minutes today and register for the free webinar that explains how you can start staying at home and build a replacement income in months, not years: