Deep thoughts: if fuel prices take 6-12 months to percolate to consumer...
We're still paying prices for goods/services due to oil at $60-$80/barrel. We won't see today's $125/barrel prices show up at the checkout line until at least November.
And the impact it will have on the economy is truly terrifying. Have you visited www.lifeaftertheoilcrash.net? Or watched the documentary "The End of Oil"?
Interesting dude. But if you go out drinking with him keep an eye on what goes into your glass -- you're liable to wake up as packages of long pig jerky, for sale on his web site }(
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