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I am of a mixed mind when it comes to Goldman Sachs. If I had a spare million bucks, they would be on my short-list of places to stash it. When I energize the ethics part of my brain, they come up as far below toxic waste. Still, they do have a good handle on things economical -- from the New York Post:
Comin' this summer... $5 gas
The forecast for the summer driving season: Hit the road early. Not to beat the traffic, but to beat the higher gas prices expected in mid-July.

Goldman Sachs' crystal ball is proclaiming that oil will soon soar to $135 a barrel, and likely have service stations jacking up fuel prices to $5 a gallon in New York just like the summer of 2008 that preceded the recession.

Indeed, analysts say Goldman and the other oil trading giant that also has the might to move prices, JPMorgan Chase, have already placed their energy bets for the summer. JPMorgan predicts oil hitting $130 a barrel in the coming weeks.
And you gotta love the comment from John Halczak � Installer at Local 2287 floor layers
Come on Really 5 dollar's a gallon....HEY OBAMA WHAT THE FU@K Can't you do anything for the hard working american people....NO JOB'S IN SIGHT, GAS 5 DOLLAR'S A GALLON , NEW MILITARY Action's around the world Involving US troop's, Obama's giving away Money to other countries like it's free water..This is a guy who came from middle class income home....WHERE'S THE LOVE OBAMA WERE NOT RICH LIKE YOU MY FRIEND......
John's WHAT THE FU@K moment is the shade falling from his eyes...

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This page contains a single entry by DaveH published on May 30, 2011 10:25 AM.

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