Oil prices reached near per barrel today. Interesting what will happen in the near future. Someone has to pay for all this increase in prices.
Oil prices $5 from $100 per barrel Oil prices reached near per barrel today. Interesting what will happen in the near future. Someone has to pay for all this increase in prices.
Re: Oil prices $5 from $100 per barrel Don't you think a more accurate title would have been, "Oil prices reach/exceed $95 per barrel"?
Always so dramatic! lol
Anyway, Im sure it will eventually get to $100, but for the time being, its actually at $94.53.
Re: Oil prices $5 from $100 per barrel Actually, its more than $96 now. It seems our wonderful investors switched their hobbies from subprime mortgages to oil prices.
NEW YORK (AP) -- Oil futures soared late Wednesday to a new record above $96 a barrel after the government reported another unexpected drop in crude oil inventories and the Federal Reserve cut interest rates by a quarter point.
http://www.nytimes.com/aponline/busi...=1&oref=slogin
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