Thursday, September 30, 2004

Fuel costs

Snce oil reached $50.00 a barrel it will be interesting to see how high a gallon a gas will go. The crazy thing is various economists are casually observing that oil could conceivably reach $60.00 a gallon by Christmas time.

Heating costs will go through the roof. Everyday costs of living continue to rise but income levels are unchanged, that's a formula for failure.

We will see if this is a harbinger of worse things to come.

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