Oil prices set new record ($103.95) - Democratic Underground

sabra

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Mon Mar-03-08 10:57 AM
Original message

Oil prices set new record ($103.95)

Source: USA Today

Oil prices reached an all-time high when the price of a barrel of light, sweet crude hit $103.95 this morning in New York.

The previous record was set in 1980. Back then, a barrel of black gold cost $38, or $103.76 in today's dollars.

Read more: http://blogs.usatoday.com/ondeadline/2008/03/oil-prices-set.html

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Lone_Star_Dem

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Mon Mar-03-08 11:00 AM
Response to Original message

1. It's OK. It was down to 103.65 when I looked a little ago.

We are in so much trouble.

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magellan

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Mon Mar-03-08 11:03 AM
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2. Time to buy a locking gas cap. n/t

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Delphinus

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Mon Mar-03-08 12:06 PM
Response to Reply #2

5. Did that last year when prices went up over $2 per gallon.

Be cautious, though, if you live where it gets cold. Twice now I've had to drive away from the pump because the key couldn't get inside to open it!

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Thor_MN

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Tue Mar-04-08 12:18 AM
Response to Reply #2

10. That's been my criteria to know the shit is hitting the fan

When locking gas caps are as prevalent as they were in the 70's, then things are getting bad.

Funny thing is, I have yet to see ONE freaking station out of gas...

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SpiralHawk

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Mon Mar-03-08 11:20 AM
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3. "Hip hip hooray!" - Commander AWOL & Dickie 'Five Military Deferments' Cheney

Edited on Mon Mar-03-08 11:22 AM by SpiralHawk

"This is fantastic news for our republicon homelander crony Have More suppoters. Smirk."

- Commander AWOL & Dickie 'Five Military Deferments' Cheney

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Loge23

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Mon Mar-03-08 11:46 AM
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4. He's focused, all right (eom)

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fascisthunter

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Mon Mar-03-08 12:25 PM
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6. Bush Proved one Thing: America is Dumber Than He Acts

Edited on Mon Mar-03-08 12:26 PM by fascisthunter

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Stump

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Mon Mar-03-08 05:41 PM
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7. I bought a Prius last weekend...

Looks like the timing was right.

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RUMMYisFROSTED

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Mon Mar-03-08 06:29 PM
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8. WEPE!

Worst Energy President Ever!

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Pavulon

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Mon Mar-03-08 06:57 PM
Response to Original message

9. Hugo is doing his part..

turning a cross border raid in to a saber rattling event. Oil goes up.

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