By Oliver North
January 4, 2008
WASHINGTON — The frozen water pipe this morning was a rude awakening. I managed to thaw the pipe without bursting it, thus saving the cost of a plumber. However, a few hours later, I opened our bill for home heating oil. At $2.70 per gallon, it was a blunt reminder that, with petroleum at $100 a barrel, the future cost of keeping fuel in our furnace — and gasoline in our cars — will make the plumber’s price pale in comparison.
According to the “experts,” those of us who drive to work will be paying $4 per gallon for motor fuel soon, and we all will be paying more for electricity, consumer products, air travel and to heat our homes. Happy New Year.