Oil to $250?

The pirce of a barrel of oil is again on the rise.  If you can recall the sky rocketing oil and gas prices were one of the firs signs of the coming econmy crisis back in 2007.  And here we are with the economy in the dumps and oil is shooting towards the triple digits.  But could it possibly go to $250?  Thats just crazy – nobody can afford to drive as it is!

The Guardian says it’s possible.

Edit: Oil finished at $72 today.

About Zachary H

I'm an attorney, writer, entrepreneur, and adventure
This entry was posted in Commentary, economy and tagged , , , . Bookmark the permalink.

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