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January 02, 2008
$100
Just in time for the coldest months of the year, oil prices topped $100/barrel today. And call me naive, but I'm always staggered that there are Wall Street traders who actually think this is awesome news -- the traders who are ghoulish enough to own oil futures, that is.
Posted By Bob Cesca | January 2, 2008 01:27 PM | DIGG ME!
Comments
Ouch. Particularly difficult news to take on the same day I viewed "Who Killed the Electric Car?":
http://www.pbs.org/now/shows/223/
Posted by: amityb ![[TypeKey Profile Page]](http://www.bobcesca.com/nav-commenters.gif)
at January 3, 2008 12:24 AM
There's little more than a year left in the Bush Administration. There's a lot of gettin' rich to get done before then. Look for $125 or $150 by this time next year. With, of course, the convenient and usual excuse that a refinery or pump or some stupid shit is down for routine maintenance, and if only the evil tree huggers would let us drill for "awl" in ANWR, New Orleans, AND privatize Social Security, well then surely the price would come down...
Posted by: Nanotyrannus at January 3, 2008 12:33 AM
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