Oil Price Spike Signals Coming Recession – Brace For Impact

In the past when there is a surge in oil prices / gasoline prices at the pump, this is generally a pre-cursor to a new recession. Heck, I don’t even think we left the last recession, anyway since October 2011 until now, there have been a upswing of 40% in the cost of oil.

The price of gasoline at the pump this summer is going to be high.

This entry was posted on Thursday, February 23rd, 2012 at 12:53 pm and is filed under Commodities, Economy, Money, Personal Finance, Videos. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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