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The latest peak oil news shows Russian Oil Slump Stirs Supply Jitters. Russian oil production, for years a vital source of new supplies for world markets, is showing signs of a slump, adding to uncertainties that have helped push oil prices to record highs. Russian output fell for the first time in a decade during the first quarter of 2008. The decline was a full percentage point over the same time last year which is a huge amount. This decline in production from the largest producer of oil in the world and one of the top exporting countries has placed more uncertainty into the market which is already having difficulty coping with other issues and adds to the potential for higher prices for a global economy coping with a slowdown. Gas prices are up six cents in one week and fifty one cents in the past year!. The price of Diesel is skyrocketing even faster We are looking at an increase of TEN CENTS IN ONE WEEK and $1.18 increase in the last year when we look at Diesel prices . The economic downturn in the U.S., by far the world's largest oil consumer, has taken some steam out of oil demand. however this is being counteracted by a faster increase in demand from places like India and Asia and we could see a rise in prices if there is any supply glitch. This factor is even more likely to cause trouble since even Saudi Arabia’s petroleum output is lower than it was one year ago. And here in the Western Hemisphere, more problems… Mexico is having major problems with supply as well at its field in Cantarell. The Cantarell field is so huge that one of every fifty barrels of oil that is on the world market comes from there and it is fading so fast that many experts believe Mexico may become an oil importer in eight years. The impact on Mexico’s already shaky economy which funds 2/5ths of its government’s spending from oil export revenues would be major. Possibly the bottom of the barrel on bad news about the oil industry is the lack of good news. It seems to have peaked out as well. And the future for fossil fuels is pretty bleak. And ethanol is rapidly accelerating world starvation. These are major issues that are not being confronted. If I just left it at that then this would be one VERY dark and depressing update. . But I won’t. But there is something that can be done about this situation on an individual level. So let me tell you about that. WATER4GAS is providing information at a low price which people can use at home to build a small device which instills hydrogen into the fuel/air mixture that their car or truck runs on. The process makes smaller particles out of the particles that the engine burns as fuel. Because of the smaller size the engine gets to use a lot more of the gasoline. By doing this you can reasonably expect to reduce your gas usage by thirty to fifty percent or significantly more. With WATER4GAS gasoline is made consumable so you can reduce your gas usage. It also helps reduce emissions significantly. This package of info has been purchased by over NINE THOUSAND individuals already and happy members number about 99%! So how about you?
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Songwriter, entrepreneur, consumer advocate and activist, GARKO, says that waiting for the automobile companies to manufacture the car that runs on water is like Linus waiting for the "Great Pumpkin" and that you only need to know the best way to save on gas and that is to convert your engine to a hydrogen powered system right now at home! For a list of current gas prices in your neighborhood email garko@startlingdiscoveries.info
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