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)
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Foreigners in Spain facing a 100% tax on homes as the country battles a housing crisisUnder the Radar The goal is to provide 'more housing, better regulation and greater aid,' said Spain's prime minister
-
Sudoku hard: January 22, 2025The Week's daily hard sudoku puzzle
-
Codeword: January 22, 2025The Week's daily codeword puzzle
