Oil Prices- OUT OF CONTROL, Nervous??


Missed160

Recommended Posts

I don't know how many people here watch oil costs, but today for the first time ever they are above $86 a barrel. Many "experts" are predicting $100 by the end of the year.

Kind of scarey what this will mean for gasoline costs!!

It won't necessarily result in that much of an increase. You're looking at about 25 cents per gallon to pass on the increase in crude prices. What you need to worry about is anything that causes a reduction in refining capacity.

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.