3/12/2008

Analysts says $200 a barrel is possible.

Goldman Sachs analysts predicted the $105 a barrel in 2005 when it was at $55. The same Goldman analysts now say a major disruption could spike oil to $200 a barrel. That's about double the cost of the high price of oil today.

A $2 rise in oil prices will cost US consumers $280M next week, says oil and stock expert Philip Davis. The Bush/McCain War in Iraq is now costing $12.5 Billion dollars a month. THAT is why we get our freeways shifted to toll ways.

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