Breitbart 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.
