With the trouble in the Middle East and Russia shutting off natural gas to Ukraine, the price of oil has jumped to over $50 per barrel. As the government tries to spend its way out of this recession (thus devaluing the dollar), watch people quickly move to oil and other commodes such as gold, in an attempt to maintain their wealth. My guess is the price of oil will continue to rise this winter and into the summer.
Oil up to over $50 on Russia gas, Mideast
Who Am I?
- Craig Kohtz
- I'm a web developer from Lincoln, NE. I kind of fell into programming, working with a friend in the mid 90's, trying to figure out what this internet thing was all about.
In college I was an economics major, a subject that is still of great interest to me.
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