Tuesday, February 26, 2008

Oil Prices Exceed $ 101/barrel Today

The intraday high for crude reached $ 101.15/barrel today and ultimately settled to $ 100.88.  MarketWatch link And this is in the midst of a recession!  Seems like OPEC may have manipulated the rest of us into an awfully tight spot -- or may be it is just peak oil rearing its ugly, but inevitable head.


Economics, Energy, Governance/Management, International, Sustainability, US | Permalink

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