The day it DROPS will be the day I'm astonished!
"Oil reaches record, retreats on Saudi vow" by Associated Press | June 17, 2008
NEW YORK - Crude oil futures swung wildly yesterday, rising to a record and then tumbling as investors wrestled with whether they should put stock in Saudi Arabia's promise to boost production. Retail gas prices in Massachusetts averaged $4.06 per gallon, 2 cents below the national average....
Earlier yesterday, prices rose as the dollar fell against the euro. Many investors buy commodities such as oil as a hedge against inflation when the dollar falls. Many analysts believe the dollar's protracted decline is a major factor behind oil's doubling in price over the past year.
That's gotta be a STOCK PARAGRAPH!
I've seen that too much recently!
Oh, and THAT is why the PRICE is going up, folks!!!
But the MSM NEVER FOCUSES on THAT!
Sigh!
At the pump, meanwhile, the US average price of a gallon of gas rose 0.3 cent overnight to its latest milestone, according to AAA and the Oil Price Information Service."
I want a car that runs on farts.
My mileage would be great, and I'd never run out of fuel!
