Friday, September 14, 2007

WOW, I missed this, with all the NR excitement…

Oil ends above $80 for first time

The price of crude oil closed above $80 a barrel for the first time on Thursday, as a hurricane in Texas raised supply concerns.

Posted by tyrellcorporation @ 05:09 PM (651 views)
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3 thoughts on “WOW, I missed this, with all the NR excitement…

  • Never mind – I’m sure the next CPI figure will fiddled (er, I mean measured) to be 1.5%

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  • “The price of crude oil closed above $80 a barrel for the first time on Thursday, as…”

    the true worth of all those bits of green paper called dollars became clear.

    Notice how the price of oil is always blamed on “supply fears” or those pesky Chinese buying it all, never on the real reason: more dollars chasing the same number of goods, i.e., inflation.

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  • This is rubbish David90210 assured me oil would fall below $12 per barrel ages ago, so i simply cannot believe this article.

    Utter rubbish

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