8.24.2005


U.S. crude settled at $67.32 a barrel, up
$1.61, shortly after hitting $67.40, the highest level in 22 years of oil
futures trade on the New York Mercantile Exchange.
Get ready for $75.

1 comment:

Colin Hughes Taylor said...

Well, with the new emissions standards announced by Secretary of Energy Mineta today, US drivers will be using far less gas. Most people will sell their SUVs pretty soon, and we'll get serious about alternative fuel sources.
I expect a speech from the President in the next few days outlining his vision to "wean all of us here in America off of the hate-filled terror-teat of the Arab world's Islamofacist crude reserves."

Ha.