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Showing posts with label oil jobs. Show all posts
Showing posts with label oil jobs. Show all posts

Wednesday, June 11, 2008

Analysis of Present Oil Crisis

How the New Oil Crisis Affects You
by Sean Brodrick 06-11-08

In ancient times, when mapmakers came to uncharted territory, they would scrawl: "Here There Be Dragons."

Flash-forward to the 21st Century; oil markets went into uncharted territory on the charts last week. Friday's dramatic spike up was the biggest one-day move EVER. Morgan Stanley now predicts that oil prices could hit $150 per barrel by the 4th of July.

The dragons are coming to dinner. Are Americans on the menu? More specifically, are you? Today, I'll answer those questions and more.