Oil is still rising Oil prices jumped to a new trading record above $98 a barrel Wednesday. Traders remain worried about whether supplies will be adequate to meet demand for heating fuel in the approaching Northern Hemisphere winter.All the experts are saying that it is going to be a cold winter. Home heating oil to gasoline for your car will be in short supply. There is not relief in sight!
Economic Analysis say that the upward trend of the price of oil is in relation to the down ward trend in the U.S. dollar. So what are we to do???
As a nation we must learn to use less crude oil. As individuals we must reduce our lifestyles. Instead of living from pay check to pay check, we need to look at increase our financial cushion.
I realize this is difficult considering the cost of living keeps going up, up, and up. If we are going to keep from living on the streets, we have to take some radical action.
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