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What if Oil Hits $200?

Inflation would skyrocket as American society reorganizes

By Kevin Spak, Newser Staff

Posted Jun 28, 2008 3:35 PM CDT

(Newser) – Wall Street has predicted $200-per-barrel oil for months, but what if it really happens? Not only drivers would be hurt by such a spike, the Los Angeles Times reports: Inflation would skyrocket as oil-derived products turn pricey and "the purchasing power of the American... Read full story »

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What if Oil Hits $200?

Inflation would skyrocket as American society reorganizes

inflation • oil • commute • oil price • $100 a barrel oil

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