News

This story has mostly positive ratings. 36 votes / 1 sink

Oil prices pass $132 after government reports supply drop

News – Oil prices bolted to a new record above $132 a barrel Wednesday after the government reported that supplies of crude oil and gasoline fell unexpectedly last week. And crude's rise in the futures market again pressured consumers by pulling prices at the pump higher - a gallon of regular gas rose overnight to a new record above $3.80 a gallon.

Tags: Gasoline Prices, OPEC, Oil, Economy

Report

Filter Comments ›
1 - 1 of 1 Comment by 2 members  RSS Feed for comments

1

Add Comment
avatar
Reply

I view the actions of the oil company's and our government to the point of being ainti-American.The oil companys because of the obscene profit's being made at our expense and the government(namely bush and cheney}for going along with them.

Look people these goons are playing a game on us and we need to wise up.When all that needs to happen is that a big investor says"hey i THINK oil will hit a $150 a barrel",and boom the prices go up on an investors words,then the very next day the government says "oop's,we don't have as much oil as we thought we did(wink,wink)"and the price spikes again.These people know exactly what they are doing and we are being raped in the process.They are playing us people.

Clinton 1998 oil $20 a barrel,gas $.80 - $1.00 a gal.bush 2008 oil $138 a barrel,gas $3.90 a gal.Figure it out.

1

Add Comment

You must log in first to post a comment. Secure Signin

Not a member? Sign-up today!


Who voted on this story?

Who sunk this story?

Channels
AnchorsArt & DesignAutos
BooksCareers & JobsCelebrities
Do No EvilDo-It-YourselfFamily
FoodGadgets & TechGay & Lesbian
Health & FitnessHumorLove & Personals
MenMoneyMovies
MusicNewsPets
PoliticsPopular VideosReal Estate
ReligionScienceShopping
SportsTelevisionTravel
VideoVideo GamesWomen