Oil closed at a record $99.62 a barrel after briefly hitting $100, as violence in Nigeria, tight energy stockpiles and a weaker dollar triggered a surge of speculative buying.I would like to see a serious inquiry launched by Congress to see just what the hell is causing such an incredible surge in oil prices.
Something definitely stinks at OPEC.
you know now that it's hit $100 once, that will become the new floor. I'm sure there was much rejoicing in cheney-land today. Our weak dollar is their best friend.
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