Peak oil? What peak oil? The price of oil in global markets has plunged by
nearly 40 percent over the past six months. As a result, the price
of a gallon of regular gasoline in the U.S. has dropped from an
average of $3.68
in June to $2.74 this week. In June, the U.S. Energy
Information Administration had projected that a gallon of gas ... MORERonald Bailey: How Low Can Gas Prices Go?
Peak oil? What peak oil? The price of oil in global markets has plunged by
nearly 40 percent over the past six months. As a result, the price
of a gallon of regular gasoline in the U.S. has dropped from an
average of $3.68
in June to $2.74 this week. In June, the U.S. Energy
Information Administration had projected that a gallon of gas ... MORE