HOLY COW! Did you see, oil closed yesterday at

[napi21]

Oil - $27.69/bbl

I was watching it every day when it was at $60+, but I've fallen down on the job recently. First, let me say I'm gld to see this #, but second, why is my gas still costing $2+/gal?

[foo_bar]

1. wha?

REUTERS< FRIDAY, FEBRUARY 23, 2007 09:10:54 AM>
NEW YORK: Oil rose to near $61 a barrel on Thursday after US government data showed a sharp fall in fuel supplies last week.
US crude settled up 88 cents to $60.95 a barrel after trading as high as $61.25 earlier. London Brent crude climbed $1.27 to 60.62 a barrel.

http://economictimes.indiatimes.com/News/News_By_Industry/Energy/Oil__Gas/Oil_rises_to_near_61_dlr_a_barrel/articleshow/1662728.cms

Feb. 23 (Bloomberg) -- Oil traded little changed in New York after rising to the highest price this year after U.S. fuel inventories plunged and analysts said supplies may be disrupted if Iran is sanctioned again for its nuclear program.

U.S. stockpiles of distillates, including heating oil and diesel, fell 5 million barrels last week, or 3.8 percent, the biggest drop since September 2005, according to the Energy Department. The U.S. and European nations will meet next week to draft a second sanctions resolution against Iran, the second- largest Organization of Petroleum Exporting Countries producer.

http://www.bloomberg.com/apps/news?pid=20601087&sid=a.ACX.6Uln_4&refer=home

[sabbat hunter]

2. what are you looking at

prices are no where near that level. they are still near 60

"Prices jumped 88 cents Thursday to settle at $60.95 a barrel"

[napi21]

5. Oops! Here's the link I was looking at, but I misread it!

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=102x2742379

That should teach me not to post here before 8AM! Those were the #'s from 2001!

Sorry folks! I should have realized it was too good to be true!

[donheld]

9. We love ya anyway

:toast:

[napi21]

10. Thanks. I only whish that were true. From the many responses

I've received recently, that's not the general opinion. It's OK though.

[donheld]

11. Aw to hell with'em

:D

[global1]

3. So The Oil Companies Can Have Even Higher Record Profits.....nt

[radfringe]

4. chart

[rman]

6. you are mistaken

[donheld]

7. Honey wake up!

Nymex Crude Future 61.11 .16 .26 07:38

http://www.bloomberg.com/energy/

[William769]

8. And gas where I live has gone up 9 cents in the past week.

go figure.

[lonestarnot]

12. LOL

Me thinks you were wook'n in de wong place. :rofl: