The Bottom Line
The run-up in oil prices, which topped $93 a barrel for the first time yesterday, is starting to show up at the gas pumps.
The run-up in oil prices, which topped $93 a barrel for the first time yesterday, is starting to show up at the gas pumps. Gas sold at a national average of $2.92 a gallon yesterday, up 10 cents from three weeks ago, and some analysts see $4 gallons in 2008. “The good times are behind us, the O.K. times are here, and the dreadful times are in front of us,” said Peter Beutel of the energy risk management firm Cameron Hanover. (BusinessWeek.com)
THE WEEK'S AUDIOPHILE PODCASTS: LISTEN SMARTER
MOST POPULAR ON THE WEEK
- What would a U.S.-Russia war look like
- What would a U.S.-Russia war look like?
- Why is it so expensive to build a bridge in America?
- What the collapse of the Ming Dynasty can tell us about American decline
- 7 ways to be the most interesting person in any room
- Here's proof that Justin Bieber is just as spoiled as you always thought
- Why is American internet so slow?
- The GOP must try to win over African-Americans
- 22 TV shows to watch in 2014
- What would a U.S.-China war look like?
Subscribe to the Week