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The latest alarm in the world of Peak Oil is the Russian supply slump. The production output of oil from Russia, highly depended upon for providing to new markets is having its own slowdown now just another factor making the oil business unstable which is contributing to the record high prices. The supply of oil coming from Russia falling since the start of 2008 was the first time that had happened in ten years. 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 this could result in even higher prices when the prices are already setting records. Gas prices are up six cents in one week and fifty one cents in the past year!. Diesel prices are going up 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. Meanwhile, closer to home… 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 analysts foresee Mexico becoming an oil importer in the next decade or sooner. That would batter Mexico's economy, which depends on oil exports to fund 40% of its government spending. Perhaps the worst news in 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. Meanwhile, the shift to biofuel 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 offering information at a low price which consumers can use in their garage or wherever to build a small gizmo which infuses hydrogen into the gas/air mixture that their vehicle runs on. What this does is make bite sized particles out of the particles that the engine uses as fuel. Because of the smaller size the system gets to use much more of the gas. By doing this you can reasonably expect to lower your gasoline usage by 30-50% or significantly more. With W4G gasoline is made consumable so you can lower your gasoline usage. It also helps make emissions significantly cleaner. This package of info has been purchased by over 9000 individuals already and happy members number about 99%! So how about you?
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Activist, songwriter, consumer advocate and entrepreneur, 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 one that runs on water right now at home! For a list of current gasoline prices in your neighborhood email garko@startlingdiscoveries.info
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