Oil Prices Top $78 a Barrel

by Michael van der Galien
Posted on December 26 2009 5:43 am

Michael van der Galien was born in the Dutch city of Leeuwarden in 1984. For as long as he can remember, he has been obsessed with the United States. When he was 17 years old, he started blogging - of course about America. His articles have been published at Big Hollywood, Pajamas Media, Hot Air (the GreenRoom) and Right Across The Atlantic. He's also an editor for the Dutch conservative blog, De Dagelijkse Standaard.

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Natural-gas prices have soared 78 percent in the past 30 days, and even home heating oil is up 2.5 percent. The price of a barrel of oil is now more than $78 – about double the price of a year ago.

Rising energy costs hit consumers directly in the pocketbook. Most Americans have to spend money to drive their car and heat their homes.

More at Christian Science Monitor.

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