Thursday, August 11, 2005

Oil prices going up, up, up

Are you still driving that suv? Do you enjoy driving it to the gas station? Trade-in prices for suv's have dropped 3%. Right now, oil is trading for $65.70 per gallon. At this rate, $3/gallon could be just around the bend. Some market experts said that if oil continues to rise, we will experience a recession. I guess we'll just have to see what happens.