"ALL CAPS IN DEFENSE OF LIBERTY IS NO VICE."

Wednesday, February 23, 2011

Libya unrest pushes oil to $110 a barrel

From the BBC:
The price of Brent crude oil has hit $110 a barrel for the first time since September 2008 as worries persist about the unrest in Libya.

Markets are concerned the unrest could worsen in key oil producing countries, affecting supplies and hitting growth.
Wait? What happened right around Sept. 2008? That sounds familiar.



This could get ugly.

It may very well send the global economy into a tailspin. The stock market will crash again.

Could we be headed for the big D?

Depression is setting in for me, that's for sure.

I think I'll go to the gym.

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