Originally Posted by dynodonn
Gas is now $3.20 a gallon here in my area, and I'm suddenly no longer the Maytag man of bicycling. Man, its a forest of lime green jackets out there now, it would probably be pandemonium if it went to $7.
The OPEC nations probably don't want it to go to $7. Last time there was a big jump in price, demand fell off sharply, folks started driving much smaller cars and less often. Then the world oil price plummeted and stayed there for a while.