Saudi Arabia laughed at George Bush’s request to produce more oil today. Looks like he developed a really great relationship with them over the years. It’s paying off well, just when we need it most.
Oh, even before that word came out, oil prices set a new record. We’re getting awfully close to $4.00 a gallon gas around here. That’s going to be a jumping off point for a lot of folks.
Oil climbs to record above $127 a barrel
U.S. energy risk management firm Cameron Hanover says “everything the market looks at is bullish” and predicts greater volatility [...]
Technorati Tags: Oil Prices, Gas Prices
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