Blogger Expects Economic Collapse in Winter

October 11, 2005 (PRLEAP.COM) Business News
With oil making new highs and crippling the economy, blogger Jean-Yves expects the worst for the U.S. Economy. Jean-Yves expects that oil and natural gas prices will reach such extremes that smaller areas may not be supplied, even suggesting that cars are not a great buy as they will lose nearly all their value if fuel sources are so expensive.

Expecting that energy will be so expensive he recommends that everyone try to make their house as energy efficient as possible to offset the rise in prices, also suggesting that making a garden to grow food would be in the best interest.

"The cost of energy affects the price everything from food to your socks," explains Jean-Yves, "everything must be transported at one time or another."

For more information on peak oil, economic outlooks, and opinions visit his blog at http://oilstories.blogspot.com