Wednesday, October 17, 2007

Eighty-Seven+ Dollar Oil

I'm beginning to weary of this, but I suppose I'm expected to point out that the price of oil hit another record high yesterday. After trading above $88 per barrel during the day, oil closed at $87.61, up $1.48. Could we be seeing one hundred dollar oil in the not so distant future? Is the Pope a Catholic? Do bears shit in the woods? Does the Pope shit in the woods? The answer to at least one of those questions is "yes."

Copyright (C) 2007 James Michael Brennan, All Rights Reserved


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