Light, sweet crude for May delivery rose $3.55 to $112.05 a barrel, after touching a record $112.15 in Globex trading. That beat the intraday mark of $111.80 set March 17.
The supply report comes on a day when average gasoline prices hit a new record high of $3.343 at the pump, according to AAA.
8 responses so far ↓
1 Rebecca // Apr 9, 2008 at 2:33 pm
It just took more than $40 to fill up my little Subaru tank. SHOCK and AWE!
2 Little Birdie.... // Apr 9, 2008 at 3:13 pm
Buy Valero ($3.19 per on Lancaster Ave. & $3.17 on Milltown Rd.)….and thank Ceasar Chavez….that outta piss off Bushco.
3 donviti // Apr 9, 2008 at 4:24 pm
sure buy Valero and support sulfur being dumped onto your home…
4 liberalgeek // Apr 9, 2008 at 4:31 pm
Hmmm, I think you mean Citgo and think of Hugo Chavez. Close, but no cigar.
5 Dogless // Apr 9, 2008 at 5:59 pm
Just keep the printing presses going guys!
6 liz allen // Apr 9, 2008 at 6:14 pm
Salt Lake Tribune yesterday: think $4.00 a gal is too much, try $8.00 a gallon. You guys ever go grocery shopping…if not you will be shocked. It all gets passed down to us…everything is going up, up up, and no one is talking about how to fix it…I don’t know how a family is coping. Better plant a garden friends, and learn how to barter!
7 Dogless // Apr 9, 2008 at 8:28 pm
Just print more money and give it to corporate fat cats and welfare queens. I am starting to think Steve Newton is right.
8 Little Birdie.... // Apr 10, 2008 at 10:19 am
Damn! and I love smoking cigars.
Thanks for the heads up. Ceasar Chavez is rolling in his grave…..my kids still reference growing up w/o grapes.
I’ll check out Citco.
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