Thursday, February 17, 2011

Post from greshambouma at CHUM.LY

Rising oil prices equal price inflation on all of life's necessities. This trend deserves watching. We had our wake-up call several years ago, and hit the snooze button. And allowed the federal government to mount its own war on domestic energy production. The biggest casualties could be the old and the poor, followed by the middle class, as nothing touches Wall Street and DC as they party on the fruit of our labor.

Oil rises to $104 a barrel amid Middle East tensions - Telegraph:  www.telegraph.co.uk/finance/newsbysector/energy/83....html
http://chum.ly/n/6c258c

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