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

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Join more than 350,000 subscribers and keep yourself informed with a selection of The Week’s most interesting, enlightening and entertaining stories - plus daily puzzles.

Sign up