More on the $5 a gallon by 2012 theory...
Oil and gas magnate T. Boone Pickens is likewise pushing for U.S. production of both those energy sources in his high-profile campaign to pry the country off foreign oil. But that's just one component. His Pickens Plan organization argues that while the U.S. needs every ounce of domestic energy it can muster, there's not enough oil in all the potential U.S. deposits combined to make up for the 12 million barrels the United States imports every day.
Read more: http://www.foxnews.com/politics/2010...#ixzz19Mi9cOk1
You may not care about gas prices, but remember how gas guzzlers got hammered for low resale when gas hit $4-4.50 a gallon. $4 gas will cost you thousands in resale. $5 gas will wipe out half your value in the ensuing panic, and Chevy will drop the Camaro from the line up, further weakening resale value. V6 guys are not immune with practically the same city mileage and just 4 or 5 mpg more on hwy.