[Ost-news] High oil prices? You ain’t seen nothing yet

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High oil prices? You ain’t seen nothing yet  
Week of January 13, 2008 // Petroleum News

If you think $100 per barrel oil is costly, consider $180 per barrel oil.

The former is here, while the latter may be in our not-too-distant future, according to two well-known oil industry analysts.

While energy prices retreated during the second week of January amid continued signs of a slowing economy and forecasts for mild weather in the Northeast, crude oil prices are still hovering about 70 percent higher than year-ago levels.

[read more][1]

    [1]: http://oilsandstruth.org/high-oil-prices-you-ain%E2%80%99t-seen-nothing-yet

URL: http://oilsandstruth.org/high-oil-prices-you-ain%E2%80%99t-seen-nothing-yet