Expect gas prices to keep rising

I was listening to an investment program on the radio tonight and I learned that there are no plans whatsoever to build any new oil refineries in this country.

None.

I've been over this before. Without building new refineries, it doesn't matter what the price of crude oil does because it can't get processed quickly enough! And not only have we NOT built any new refineries, we don't have any plans to do so! We cannot meet fuel demand as it is and we are making no moves to ease that shortage!

Here's my prediction - $3.00 per gallon within five years. Bank on it. And until refineries get built, it'll keep rising.