I have been watching the ups and downs of oil for a couple of years now.  I find it an interesting if somewhat depressing hobby.  Earlier this year, I heard a prediction that oil was going to reach 150 by the 4th of July.  Well, it is now set to do just that.  For the last couple of weeks, oil was going sideways (no real move up or down), but on Friday it started up and I don’t think that it will stop until it is past 150.   This makes $5.00 gas a very real possibility THIS summer.


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