GAS PRICES COULD HIT $4 BY SUMMER

“Flying, shipping a package and ordering a pizza all likely would get more expensive in the new year if that happens and companies pass along higher energy costs. Some economists say rising energy prices will slow economic growth.” [OF COURSE IT WILL, IT HAS BEEN THE PLAN ALL ALONG TO DESTROY THE ECONOMY BY THIS ADMINISTRATION]

“Gasoline expert Fred Rozell predicts that 15 states — including Alaska, Hawaii, Connecticut and Rhode Island, New York — will see gasoline prices top $4 a gallon by Memorial Day. “A dollar more per gallon isn’t that much — probably about $750 more per year for each motorist, but there’s a psychological aspect to gas prices,” [IS HE NUCKING FUTS??? NO BIG DEAL???] he said. “People are going to be up in arms about this.”

“The price of energy and other commodities shifted into high gear in late August when Federal Reserve Chairman Ben Bernanke [IN MONITIZING THE DEBT] signaled that the central bank was prepared to

stimulate the economy by buying government bonds. The $600 billion program didn’t start until November, but speculators had already starting bidding up the value of asset classes like oil.” [MORE FALSE PRICING DUE TO SPECULATION, ANOTHER BUBBLE]

“That means oil close to $200″ per barrel, analyst and trader Stephen Schork said. “We can see it, but we ? could ? also see a global depression, too.” [THE US IS ALREADY IN A DEPRESSION, BUT THE MEDIA REFUSES TO REPORT IT]

Heating oil for January delivery rose 5.83 cents to settle at $2.5437 per gallon and gasoline for January delivery added 6.14 cents to settle at $2.4532 per gallon.