Crude oil price: Another $11 to record high
Saturday, June 7th, 2008 | 6:03 am @ SK
Devastated!
Oil prices shot up nearly $11 a barrel and settled Friday at a record high of $138.54 on geopolitical jitters, a dollar decline and a Morgan Stanley analyst forecasts that oil would hit $150 by July 4.
… and I’m feeling quite high too.
Meanwhile, the U.S. Government announces the biggest jump in unemployment rate since 1986, putting the U.S. economy into recession and looks like it’s gonna be Barrack Obama and Hillary Clinton’s responsibility soon as they went into private talk.
June 7th, 2008 at 1:56 pm
Let’s pray for the Crude Oil Future to crash soon! Crash down sharp and hard…and kill off all those speculators!!!!
High oil price is mainly due to activities of these speculators..