How Will $100 Oil Affect You?

If you are a commodities investor, $100 oil may seem like a dream to you. Well, as long as you are making enough to offset the other costs. And if you are a successful investor, you probably are. But what about those of use who don’t invest in oil? Many people don’t, for whatever reason (my reasons are environmental and ethical).
Well here are some ways that $100 oil may affect you:

Higher gas prices (CNN Money reports that we might see them closer to $4 a gallon by next spring)
Heating prices this winter
Higher airfares, as airlines boost prices to cover fuel …read more