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The $100 Barrel is Back: Why Your Next Trip to the Pump Just Got Expensive

If you feel like you’re paying more to fill up this week, you aren’t imagining it. The conflict in the Middle East has officially hit the "Oil Phase," and the numbers coming off the ticker are starting to look like a crisis. Here is the breakdown of why gas prices are spiking and what the world is doing to stop the bleeding. 1. The $100 Barrier has Shattered For the first time in over three years, oil prices have officially surged past $100 per barrel . At the peak of the panic this week, Brent crude hit nearly $120 , driven by one simple fear: the total closure of the Strait of Hormuz. Because 20% of the world’s oil passes through that one narrow waterway, the moment Iran threatened it, the markets went into a tailspin. 2. Pain at the Pump: By the Numbers This isn't just a "Wall Street" problem; it's a "Main Street" problem. The U.S. Average: Nationwide gas prices have jumped roughly 27 cents in a single week , hitting an average of $3.58 per gal...
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A member of the Lizard Squad hacking group arrested in the UK

Their logo is a lizard wearing a cap and smoking a pipe.

Please click on image to expand. The crime perpetrated by the Lizard Squad is that they targeted PlayStation network knocking it offline on Christmas Day.  Users were unable to access  Microsoft's Xbox Live and Sony's PlayStation Network services on Dec 24 evening and continued into Christmas. Vincent Omari, the 22 year old man from London that serves as a spokesman for the Lizard Squad hacker group, has been jailed on suspicion of his involvement in several thefts from PayPal. It was previously reported that he was let out on bail and no charges have been filed. This arrest has been seen as a way for the investigators to gain valuable information in relation to the rest of the group. [ Vincent Omari seen in the pic below]



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