$84/Barrel Oil - Highest EVER

WiseOne · Sep 21, 2007

Crude oil prices jumped above $84 a barrel late on Thursday after production platforms in the Gulf of Mexico were shut down ahead of a threatened tropical storm.
Nymex October West Texas Intermediate hit a record $84.10 a barrel, up $2.17, but settled at $83.32, up $1.39 on the day. The October contract expired at the end of trading. The most active November WTI contract was up $1.05 at $80.75.
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Read More Here >> Financial Times

WiseOne's Comments, with the dollar dropping against ALL currencies this isn't good at all. Read these articles as well >> Fear Of Dollar's Collapse

Trucker.W · Sep 21, 2007

RECESSION.............

Ronnocomot · Sep 21, 2007

Trucker.W said: ↑

RECESSION.............[

/quote]
Contract expiration, front month is now Nov, which is trading at $80.75

Although I'm sure the liberal pukes would enjoy nothing more than a little recession.

God forbid things go well for the U.S., what would we have to cry about. Plus we have to blame Bush for something.
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