[Perfectlap]

Welcome to an America that is more dependent on speculative and volatile commodities markets (oil, wheat, etc) rather than growing technology and manufacturing industries.
In other words, expect to pay way more for gas, home heating and food.
We are losing our leverage on OPEC to control these costs because we're not the economic power we were even 7 years ago.
Adding salt to the gaping wounds is that foreigners aren't buying US stocks like they used to, first time in a decade that more money is leaving than coming in. American investors are getting out stock funds and pouring money into commodities funds. Dollar is in the toilet against the Euro and Yen. Gold is up big time. These are all the ingredients for a meltdown in the midst of a housing crisis.
The perfect storm....

One analyst said he went to London recently and asked the taxi driver how much he was paying per liter. The analyst gets out his calculator and figures London is paying $10 per gallon for unleaded. That's where we are headed.
Buy up those shares of Exxon, COP, PBR, NOV, VDE,etc..