US Will Export $440 Billion For Oil In 2008 : Gas 2.0

How much does business-as-usual cost? This morning, GreenCarCongress.com reported that the US is projected to pay $440 billion for imported petroleum in 2008: "The increase to the estimated $440 billion for 2008 is based on an average $90 per barrel crude oil price for the year. In 2002, before the current bull market for oil began, US oil imports cost less than $103 billion. The preliminary figures for last year came to some $327 billion."