Enjoy "Cheap Gas" in 2011: $5 a Gallon Predicted for 2012

Enjoy that $3 a gallon gas at the pump, which is a combination of a weakening dollar combined with Obama and the Democrats inability to pursue the rich supply of natural resources in the United States. As the dollar devalues and the world considers dumping the dollar as its reserve currency combined with foreign dependence, our hands will be tied once and for all and we will face gasoline prices similar to those in Europe.

John Hofmeister, the former president of Shell, says Americans will be facing $5 a gallon this time next year. Imagine what that will do to our weak economy--but of course it's what liberals like Obama and Al Gore want. They don't want you to afford gasoline. They want you off the roads and controlled by the public transportation system, which is why Obama is investing in high speed rail.

"I'm predicting actually the worst outcome over the next two years which takes us to 2012 with higher gasoline prices," he said.