Quote:
Originally Posted by Donger
I'm sure it's buried in this thread somewhere, but a little history reminder and perspective:
Crude topped out at about $142/barrel in July of 2008. Gasoline hit about $4.11/gallon.
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I think we will be looking at that price as a bargain, in the near future. I have no idea where the price is going to top out this go around per barrel. $170, $180, $190, $200? Who knows, but it's going to be ugly.