Oil price soars as US woes mount

by stvalentine | June 6, 2008 at 11:57 pm
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Oil price soars as US woes mount

Oil price soars as US woes mount

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The price of oil has made a record jump to nearly $139 a barrel, amid reports it could reach $150 by July because of rising demand and political tension.


Correspondents say oil prices were also pushed up by Israeli threats to strike on Iran over its nuclear programme.

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Jennings David L
Jennings David L
flagged this story as Good Stuff

at 04:46 on June 7th, 2008

stvalentine, I like this story. The prospects of gas going even higher will continue to impact the way we live and what we used to take for granted.  I don't believe we have hit bottom yet.

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Justice has been on vacation for too long. Time for her to make a comeback. 

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