Gasoline at all time high - Headlines you won't find today in the illuminati media
Gasoline for April delivery yesterday rose 8.11 cents, or 5.8 percent, to $1.4838 a gallon in New York, the highest close since the contract began
trading in 1984 and 30 percent higher than a year ago.
Yahoo has a pretty good article on it. Sounds like the cost of everything will be going up even more.
Traders "believe the market is going to $60 and the only thing that's going to stand in the way from time to time is the fundamentals," said Ed
Silliere, vice president of risk management at Energy Merchant Corp.
The chart for crude oil has a head-and-shoulders bottom formed which broke to the upside yesterday. The bottom of the head is at 42 bucks, and the
top of the formation is at 53. The next target is 64 dollars a barrel by May. The refineries are starting to shut down in their annual shift from
winter-formulation. Price of gas could hit 2.50 or higher this spring.
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