$100 a Barrel Oil Looms in United States’ Future, Says One Commodities Expert

“Several major disruptions are driving us toward the $100 a barrel level and $5 – or more – for gasoline,” said Kevin Kerr, commodities expert and frequent contributor to The Daily Reckoning. “These skyrocketing prices could be caused by Iran, OPEC, refinery shutdowns, hurricanes, Venezuela, or possibly all of these factors combined. The longer consumers deny the fact that $28 a barrel oil will not be seen again, the harder it will be when they fill up their gas tank.”

Kevin Kerr’s expertise in futures and commodities has made him a regular contributor to news outlets like CNNfn, CNBC and MarketWatch, where he’s been quoted in over 500 articles. With 15 years of experience, and his own trading service, Resource Trader Alert, Kevin Kerr is a true veteran of the commodities markets dealing with everything from cotton to currencies to oil and natural gas.

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