Oil price hits $60 for second day

[wakeme2008]

http://news.bbc.co.uk/2/hi/business/4617905.stm

Oil price hits $60 for second day
Crude oil prices hit a record $60 a barrel for the second day on Friday, amid concerns that strong demand will continue over the coming months.

US light sweet crude briefly touched the $60 mark, before dipping back to trade 39 cents higher at $59.81.

A report showing that China imported 8.2% more oil in May than in the same month a year ago underpinned prices.

..more at BBC

[hadrons]

1. watch Dumbya say China ought to conserve ....

:eyes:

[B Calm]

2. Bush has an energy plan, we'll go to nuclear power.

[ReadTomPaine]

3. There will come a day not too far in the future when 60$ seems cheap. n/t

[Catfight]

4. Not inflation sets in....and the bubble begins to burst. I'm glad

Bush stole the election, he broke it, he can fix it.