Thursday, September 13, 2007

An Eye on Oil

Just in case you didn't hear the news, you'd better keep a close eye on gas prices at the corner station...


Eighty Dollars



"What costs $80 buckaroos?" you ask. The answer is: The price of a barrel of crude oil, my friends. And isn't that just wonderful news for all the little people, like you and me? The price of oil last night broke through the $80 a barrel level for the first time on fears of winter supply shortages. [...] Analysts said the 500,000 barrels per day increase in quotas from November announced by Opec this week had not been enough to outweigh concerns that a fresh wave of hurricanes could hit [...]



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