Thread: $139 a barrel!
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Old 06-06-2008, 03:05 PM   #5
ken0042
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Quote:
Originally Posted by BlackArcher101 View Post
And to think there's really no reason for the $11 increase today.
I know what you are saying, but here's "why" it happened:

The surge followed a Morgan Stanley analyst's prediction that crude would reach $150 a barrel by July 4; a decline in the dollar and fresh tensions in the Middle East added to crude's advance.


For those of us looking for oil to drop, an optomisitic article:
Why oil prices will tank
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