Just read a business report that oil futures are trading up $4.00 a
barrel to somewhere in the $70+ range.
This sucks!!!
I am wondering when this will put a damper on the economy. I read a
different report today stating that oil prices run in line with
economic growth, so that this isn't necessarily a bad thing. I would
tend to agree except the growth in oil prices has been exponential
when compared to that of the economy. As long as there aren't any
supply line shortages we should be okay. Otherwise, guess I'll be
sleeping in my office.
On Sun, 28 Aug 2005 13:52:00 -0400,
wrote:
Wanna bet the hurricane is not going to blow up a bunch of oil rigs,
refineries and loading ports?
Not me.
This may be the $3.00 gas scenario they talk about ... like about
tuesday!.