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Wednesday, July 05, 2006

Oil Prices Set Record At More Than $75 A Barrel...


Associated Press BRAD FOSS July 5, 2006 at 03:26 PM

Oil prices jumped to a record above $75 a barrel on Wednesday, propelled by a rally in gasoline that analysts said could send average U.S. pump prices past $3 a gallon by the weekend.
Recent snags in oil-shipping and refining along the Gulf Coast have raised traders' concerns about motor-fuel supplies at a time when demand continues to rise in spite of soaring prices.

The start of a new fiscal quarter also brought more speculative money into the market, brokers said.

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2 Comments:

Blogger Peter Matthes said...

Yeah it's a lot ... but you get a free orphaned Iraqi child with every barrel.

5/7/06 3:32 PM  
Blogger Kangaroo Brisbane Australia said...

It is just to sad to even try to comprehend. the crimes committed on so many innocent people who have done nothing to our Countries.

Dont you just love Georgies Liberation. they have not even lived long enough to know Liberation, at least with Sadam they where alive and they had a Country.

Now they are just Georgies and his thugs Collatoral Damage, Hell I would love to one day find out the All of those Goons where just Collatoral Damage, and I might feel justice has been served,

5/7/06 5:05 PM  

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