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Oil crosses $109 a barrel - $38 a barrel when the stooge took office

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-11-08 09:44 AM
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Oil crosses $109 a barrel - $38 a barrel when the stooge took office
mission accomplished

SINGAPORE (AP) -- Oil prices soared past $109 a barrel after rising to a record in the previous session as the U.S. dollar weakened further.

Speculation that rising prices for oil and other commodities will offset the falling dollar has driven oil's rally from $87 a barrel in January.

The dollar has fallen to three-year lows against the yen and the head of the European Central Bank expressed concern Monday about the "disorderly movements" of exchange rates.

http://money.cnn.com/2008/03/11/markets/oil_prices.ap/index.htm?cnn=yes
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LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-11-08 09:46 AM
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1. Yep, and the question lingers... Can we survive until Jan 2009? n/t
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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-11-08 09:46 AM
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3. it's gonna be ugly imho
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LakeSamish706 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-11-08 09:53 AM
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6. The other issue that concerns me is, will they leave office in Jan 09 or will...
some unforeseen emergency come up that will have him/them declare emergency rule?
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bdamomma Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-11-08 09:46 AM
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2. disgusting, I am sure Cheney is very proud of himself.
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Hugabear Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-11-08 09:48 AM
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4. Bush has done very good for Big Oil
Gee, who would have thought that Bush's Big Oil buddies would be raking in record profits during his tenure?

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spanone Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-11-08 09:50 AM
Response to Reply #4
5. and who would have thought that he would do so without a whisper from congress?
i don't see them holding any inquiries about these prices or even asking any questions.
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JoDog Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Mar-11-08 11:13 AM
Response to Reply #5
7. Damn straight
Where are our representatives while all this is happening? The Fed is helping the banks, but who is helping us?
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