http://www.reuters.com/article/2011/03/01/businesspro-us-markets-commodities-idUSTRE7207RH20110301
Gas prices are soaring in our region and almost everywhere else from what I can tell. And if you don't think that fuel costs will impact the "economic recovery" then you are in for a rude awakening. With US Naval assets heading to position themselves off the coast of Libya there could be some pretty major events unfold in the very near future. I'd say $140 per gallon oil might be on the horizon.... Or more... Definitely worth keeping an eye on the ongoing situation throughout the Middle East.
No comments:
Post a Comment