In the news: Cost of crude oil ends year 57 percent higher. And we all feel the pain. Don’t get too comfortable with the prices however, word has it that it’s still on the rise:
Oil prices ended the year near $96 a barrel, or 57 percent higher than where they began, and analysts expect rising demand and geopolitical instability to keep upward pressure on energy costs early in 2008.
Thank the Resident and his party of obstructors who don’t give a rat’s you know what about the American public or their pocketbooks.
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Oil, Part 2…
As I noted here early this morning, the media was reporting “Cost of crude oil ends year 57 percent higher.” We’re all feeling the pinch. But that pinch is going to get worse and today, OIL hit $100 a barrel for the first time. Ouch!
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