Monday, September 22, 2008
Crude oil moves to $ 116
Crude rallied today above $116/barrel, the highest price in three weeks, based on the prospect that the Bush bailout will prompt economic growth. I'm not sure about growth, but $ 1 trillion + is bound to create a bit of inflation.MarketWatch link
http://lawprofessors.typepad.com/environmental_law/2008/09/crude-oil-moves.html