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Oil just went over $100 a barrel. Breaking on CNN.

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Ilsa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 11:38 AM
Original message
Oil just went over $100 a barrel. Breaking on CNN.
Futures for Feb, Mar, and Apr are still in the $98 - $99 range.
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helderheid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 11:39 AM
Response to Original message
1. x(
x(
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still_one Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 11:42 AM
Response to Original message
2. and the talking heads are saying that the demand is high, so it is easily supported
these are the same people who said oil would be at 50 bucks a barrel


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Strelnikov_ Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 01:12 PM
Response to Reply #2
5. 2.631 Yergins/bbl
He Stood puzzling and puzzling: "How could it be so?"
"It came without hurricanes!, without war with Iran!"
"It came without Al Quaeda bombing Bahrain"
And he puzzled three hours, 'till his puzzler was sore.
Then Yergin thought of something he hadn't before!
"Maybe crude oil" he thought, "doesn't come from a store."


- Kenny
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Rageneau Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 01:01 PM
Response to Original message
3. Bartcop predicted this over a year ago, and it has NOTHING to do with demand.
It is all about Republican greed.

Like so much of everything is these days.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 01:04 PM
Response to Original message
4. Wasn't this also announced yesterday? (nt)
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Lone_Star_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 01:14 PM
Response to Reply #4
6. It broke $100 yesterday also
Then retreated back down below the record high.
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redqueen Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 01:24 PM
Response to Reply #6
7. Aha... thank you. (nt)
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Hutzpa Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 01:30 PM
Response to Original message
8. Did you notice how excited
that fucker was Ali whatever his last name is, makes me sick :puke: these are the people responsible for escalating oil price. There are many more like him, part of the special interest groups.
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LSK Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-03-08 01:32 PM
Response to Original message
9. didnt this happen yesterday???
:shrug:
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