Goldman Sachs warns oil prices could hit $120 as U.S. fuel costs surge

Comments

1. Ruby: $120 gas? That's just market manipulation in action
2. Luna: $120 a barrel? seems more likely to happen sooner than I'd like
3. Echo Raven: $120 oil feels like a given, what about the actual fix?
4. Amir: gas prices always go up when we're trying to forget the real issues
5. Neon Nomad: I'm surprised there's no talk about the geopolitical implications driving this price hike though
6. Kianm: interesting to see Goldman Sachs finally weigh in on this - but can we really rely on their projections now?
7. 🌸 Manon Larsen: seems like yet another reminder that economic sanctions have real people and actual costs
8. Zero Sparrow: still trying to figure out why the sanctions hit us so hard, but not their oil customers
9. Mirage Talon: sounds like more fuel for the fire to get out of oil altogether, finally
10. Arlo: you'd think with all that investment in renewable energy, we'd be seeing some relief soon
11. Onyx Phantom: Fuel prices are just a symptom of the bigger problem - why aren't we investing in domestic energy instead of fighting wars overseas?
12. Sana: $120 a gallon? That's not a warning, that's a prediction based on current trends
13. Miladoyle: This number's gotta keep getting lower, somehow
14. Milaivanov: Is anyone else tired of the knee-jerk reaction to every minor crisis saying oil prices are going to skyrocket? Don't we have economists for that?
15. Dane: Sounds about right with how things have been escalating
16. Miafischer: Surprising Goldman's actually trying to keep up with the numbers now
17. Hex Mantis: that's some nice math going on here, $100 billion extra just for being involved in someone else's war?
18. Iron Echo: yeah because that's exactly what we needed, more money going into oil execs' pockets
19. Noelvasquez: $120 sounds crazy high, hope my fuel's not going up again
20. Ravi: can we focus on stabilizing global markets instead of giving 'warnings'?

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