You’re up late, watching the Indiana and North Carolina election returns and analysis, aren’t you. Here’s something to keep you up a bit long, out of fear and anger.
Oil futures blasted to a new record over $122 a barrel Tuesday, gaining momentum as investors bought on a forecast of much higher prices and on any news hinting at supply shortages. Retail gas prices edged lower, but appear poised to rise to new records of their own in coming weeks. A new Goldman Sachs prediction that oil prices could rise to $150 to $200 within two years seemed to motivate much of […]