More Hofmeister on $5 gas

In addition to this morning's post on John Hofmeister's prediction about $5 per gallon gasoline in the US by 2012, here is ZeroHedge's guest post with video.

If we stay on our current course, within a decade, within ten years, we’re into energy shortages in this country big time. Black outs, brown outs, gas lines, rationing - that’s my projection based upon the current inability to  make decisions.

Mac Slavo agrees with your StopRoadSocialism.com editor that Bernanke will make $5 gas a reality more than demand or supply factors.