Oil Breaks $100/Barrel In Over Night Trading

Oil broke $100/barrel once again in overnight trading and right now is trading up $2.87 per barrel and is priced at $100.97/barrel.

At these levels one wonders if the US will ever reap an economic recovery as it looks as though there is no end in sight for prices of crude to stabilize. World demand is escalating, US is anti-drilling - (NMBY syndrone) - and yet our President still believes we can stuff solar and wind into our gas tanks.

Here at SBYnews we have been warning our readers about the impending consequences for political neglect of our citizenry. That's about all we can do until our population finally decides they have had enough and takes the matter into the poll booth.

So for now - buckle up - because the ride is going to be a rough one.