What smart people are saying about oil's latest spike to nearly $120 a barrel

Tech Insider : Economy, Economy, Business
Economist Paul Krugman laying out some predictions while speaking at an event.
Nobel economist Paul Krugman warned a prolonged oil shock could trigger stagflation.

STR/NurPhoto via Getty Images

'Shark Tank' investor Kevin O'Leary warns of more pain coming for the economy as the Fed is poised to hike rates higher and as oil prices keep rising

Tech Insider : Economy
kevin o'leary
The US needs to up oil production to around 18 million barrels a day, Kevin O'Leary estimated.

Reuters/Gus Ruelas

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