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Tag Archives: grim meathook future

goldman sachs predicts $200/barrel oil

From MSNBC, which has more details…. NEW YORK – A Goldman Sachs analyst on Tuesday predicted that oil prices could reach $150 to $200 a barrel over the next 6 months to two years, but said that how far prices could climb still “remains a major uncertainty.” “We believe the current energy crisis may be [...]

End of the world as we know it

Ninety percent of the oil consumed in this country is burned by airplanes, ships, trains and automobiles. You can kiss goodbye groceries at the local big-box grocery store: Our entire system of food production and delivery depends on cheap oil. If you’re alive in a decade, it will be because you’ve figured out how to [...]