|
Paid a record $86 today to fill my explorer. Last year I was gawking at the pump when I paid $60 to fill it.
There's a consensus among many economists that speculation is driving this to a large degree also. At some point the specs will exit and prices will pull way back, but we may see 200/bbl first.
Boone Pickens was on CNBC yesterday pushing for implementation of wind turbines in the great plains as a renewable energy source. Turbines on the cape are sounding better all the time.
|