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Saturday, June 21, 2014

Major Spike in CRUDE OIL price expected


Analysts say they expect at least a $10 to $20 rise in CRUDE OIL prices over the summer.  From there it is only expected to get worse.  Unfortunately this will impact prices at the pumps here in America as the prices are already rising through the $4 LEVEL and even approaching $5 in some areas.  Some speculate that we could see pump prices for consumers hit $5 easily and possibly even $6 this year.  

In addition to global turmoil and unrest across many regions including Ukraine, Libya, and now Iraq, we now have a CRUDE OIL SPILL to contend with in the Colorado River.  I suppose our lawmakers in Washington love a crisis and they never let a good crisis go to waste to seep more money off of we the people.



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