The economy could grind to a halt.

Grab a hold of something and hang on, because a respected JP Morgan analyst says gas prices are about to go bat-crap crazy. We saw a quick drop shortly after Turkey Day, but prices shot back up just as briskly. Now an analyst with JP Morgan says current economic indicators show that crude oil could skyrocket in the coming year and 2023. Don’t think you’re screwed at the pump quite yet, though. Because crude prices have been lower recently, prices at the pump are expected to fall in the short term. Most Floridians should see lower prices at the pump over the next few months, with forecasters saying we should see about a .25 cent drop per gallon. With current prices, that should get us close to the $3.00 a gallon point. While a drum of crude oil has been hoverng around $77, some are saying that the price could jump to $125 early next year. For reference, the price of crude oil determines about 57% of the price of gasoline at the pump. Refining accounts for about 17%. Distribution and marketing are responsible for about 11%, while a full 15% is due to taxes. Higher gas prices affect just about every part of our daily lives. Transportation costs more, meaning it’s more expensive to get to work and to get merchandise to store shelves. The implications are huge and global. Source:

Elton John Gets WILD On Stage

Elton John: 16 Wild Outfits

Van Halen’s Best Songs Ever!

Van Halen: Their 30 Best Songs, Ranked

Sean Roberts was conceived in the Corvette Assembly Plant in Bowling Green, Kentucky by two passionate, panel aligning, third shifters who had grown bored with the same ole same ole. Upon birth, he was placed in the trunk of a new Stingray and sent off to find his destiny. That destiny included several stints on radio stations across the United States. Some played punk country gospel, while others focused on Croatian death metal played backwards. After many years and many adventures, Sean wound up on The Shark, where he does shots of tequila while playing the most badass tunes ever created by humankind. He remains humble, however, never forgetting about the lean years...the street corners and dark alleys where he played songs on his car stereo for food and sex. He's on top and he's never gonna stop LIVING THE DREAM!

Sign me up for the 98.7 The Shark email newsletter!

Join the Shark Tank for latest news on your favorite classic rock artists. As well as exclusive contests, concert pre-sale codes, and what's going on in Tampa Bay.

By clicking "Subscribe" I agree to the website's terms of Service and Privacy Policy. I understand I can unsubscribe at any time.