[contentcards url=”https://www.breitbart.com/politics/2021/10/08/oil-reaches-80-barrel-seven-year-high/” target=”_blank”]
By AMY FURR
Oil reached $80 a barrel Friday, a seven-year-high that threatens to increase energy costs for millions of Americans at the gas pump and during the upcoming winter heating season.
“NYMEX crude has gained over 60% this year. Brent, the global benchmark, hit the $83 level and has gained over 58% this year,” Fox Business reported.
In addition to its effect on consumers, higher crude prices further reflected that the United States was trailing behind as a worldwide energy leader.
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