Tuesday, March 1, 2011

Oil and Gold prices surging due to events in the Middle East


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. 

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