As reports surface that the failing regime in Libya may sabotage oil fields, the price of crude is up and some are saying it could reach $200 barrel, meaning $5 per gallon gas...maybe even higher.
It will be nice to see Qaddafi deposed, but not at the expense of driving my four wheel drive guzzler !
BBC News - Libya unrest pushes Brent oil price to $110 a barrel
2 comments:
They have the capasity to produce 1000s of extra barrels a day and they refuse. The price will continue to go up, one thing our economy does not need at this point.
Are we, or is the UN, prepared to watch tens of thousands of people get slaughtered by this idiot? Somebody might have to make a decision. Then again, we have the Great One. No one will make any decisions. His response so far has been to threaten to send Hilllary to a meeting in Europe. Shudder.
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