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Car and Driver quotes Matt Simmons
Business News; Market ResearchGuest writes "

When crude-oil prices topped $40 a barrel—that was August 20, 2004—all the experts were sure it couldn’t stay that high.

But less than a year later it was higher still, hitting $50 a barrel on July 24, 2005. “Unsustainable,” said the experts. Then just six weeks later U.S. prices popped to $72 in response to Hurricane Katrina.



Car and Driver"
Posted on Thursday, December 15 @ 10:05:48 PST by Carrie
 
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· More about Business News; Market Research
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Most read story about Business News; Market Research:
OPEC IS NO LONGER ABLE TO CONTAIN OIL PRICES

 
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"Car and Driver quotes Matt Simmons" | Login/Create an Account | 1 comment | Search Discussion
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Re: Car and Driver quotes Matt Simmons (Score: 1)
by dub_scratch on Thursday, December 15 @ 10:38:01 PST
(User Info )
Car & Driver magazine could perhaps change their name to Car & Driveway, because the unavoidable condition brough by PO is that of cars sitting still