Crude projected to reach $120.00 per ...

[JD5652]

It not just the Arabs pushing this price escalation.....look no further than Wall Street my friends.... oil reserves are actually INCREASING..... there is no shortage of oil..... the price increases that drove the price over $100/ barrel and beyond is nothing but pure speculation.....

[krisis7]

We need to use our own oil. We only use a small fraction of the oil we have available here in the US...

[DOGKILLR]

It not just the Arabs pushing this price escalation.....look no further than Wall Street my friends.... oil reserves are actually INCREASING..... there is no shortage of oil..... the price increases that drove the price over $100/ barrel and beyond is nothing but pure speculation.....

EXACTLY, PLAYING FUTURES ON OIL IS THE CULPRIT.

[Bluewater Sportfishing]

EXACTLY, PLAYING FUTURES ON OIL IS THE CULPRIT.

Yep I dont know how they can get away with this.
all they need is a bad forcast for the summer like we have had for the paast two years on hurricanes. Man they were two of the worst summers I have seen for hurricanes, I think twenty storms came rippin through. 2006 and 2007 willl be summers to remember as the hurricane summer.

[000's]

All the oil between Va and florida and they do not drill it.China paid Cuba a billion dollars to find the oil we know is there,shit pisses me off to no end.Congress needs to get this shit under control and let the oil co's drill the damn oil,does the 1930 or the 70's ring a bell.

[bvette]

What the %^&*? Somebody needs to open Anwar, coast of Florida, and National Parks to drilling now! There is no reason for this crap. The Arab Emirates buys into our banks then decide to cut production thereby jacking the price to buy the banks with our own money. When will it end?


http://www.bloomberg.com/apps/news?p...d=autFGntuNqZY

I have said this for two years now and its just now people are getting pissed.