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Saturday, October 27, 2007

Oil hits record high above $US92/barrel

AdelaideNow... Oil hits record high above $US92/barrel: "WORLD oil prices surged to historic highs today, breaching $US92 for the first time in New York amid rising tension in crude-rich Iran and tightening US energy supplies."

Well, I am sure those who have OIL interests and ownership are having a lovely time of it stashing the cash away. there always seems to be a reason to raise the price for whatever reason and we are so over it because it is not about us nor a fair price.

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