New York Post
June 8, 2008, Randy Udall and Steve Andrews

With gasoline at four dollars, and diesel near five, your typical service station is as glum as a morgue. Motorists aren't in the mood for friendly banter when they are hemorrhaging cash. A typical American family will spend $2,500 more on gasoline this year than they did a decade ago. In the last 150 years, humans have used one trillion barrels of conventional oil, about half the original endowment. At the current rate, we'll exhaust another trillion barrels by 2035, at which point global supply will be running on fumes. Capital Hill is panicked about the nation's petroleum predicament. The US is sending $1.2 billion overseas each day for imported oil. Fed Reserve Chairman Ben Bernanke gets up early each morning to print a new batch of greenbacks. Is it any wonder the dollar is in freefall?...

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