Crude oil is going for $90 a barrel. Remember in 2008 when it topped $100 a barrel and 89-octane unleaded cost over four dollars a gallon? Yeah, that looks like it’s about to happen again.
Happy Holidays!
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Crude oil is going for $90 a barrel. Remember in 2008 when it topped $100 a barrel and 89-octane unleaded cost over four dollars a gallon? Yeah, that looks like it’s about to happen again.
Happy Holidays!
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I do remember it very well. I contend that $150/barrel oil was the proverbial straw that broke the back of the R.E. market and triggered the collapse in the financial markets.So just how is it that Obumbler's very recent 5 year drilling ban is supposed to induce an economic recovery?
Oh, BTW, here in CT, unleaded 87 octane is already at $4.09 at one Shell station in Stamford.