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Analysts Predict $4.50/gallon+ Gas
online.wsj.com — A growing number of oil-market watchers say voters riled by soaring fuel costs may face far worse this summer, as factors ranging from unrest in Nigeria to slumping production in Russia could shove benchmark oil prices over $150 a barrel.
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- sarafina42, on 05/07/2008, -1/+2It's time to buy an electric car or dust off the bike.
- louiebaur, on 05/07/2008, -0/+1Yea that is realistic for sure the way things are going its a damn shame
- MichaelCo, on 05/07/2008, -0/+1Almost $6 per gallon in Australia, and has been hovering at close to this level for about 2 years :-(
- diggrnumber1, on 05/07/2008, -0/+2in inflation-adjusted terms, $150 would make oil even more expensive than it was during the Standard Oil monopoly.
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