$5 Gas By 2006

Thursday August 18, 2005

CHICAGO, Aug. 17 (UPI) -- An oil expert and author who correctly forecast $3 per gallon gasoline in the United States this year says the price will reach $5 next year.

Craig Smith, author of "Black Gold Stranglehold," told the Chicago Sun-Times there's also a possibility the price could hit $10 per gallon if terrorists strike a major Middle East oil field.

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