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| Home Front Economy |
| Oil hits 100 dollars for first time |
| 2008-01-02 |
| The price of oil on Wednesday hit 100 dollars a barrel for the first time in history, dealers said. On the New York Mercantile Exchange (Nymex) at 1720 GMT, a barrel of "light sweet crude" for February jumped 3.48 dollars to 99.46 dollars. Shortly before it had reached the exact price of 100 dollars a barrel. In London, Brent North Sea crude for February soared to a record 97.05 dollars per barrel. It later stood at 96.85 dollars, up three dollars from its close on Monday. |
| Posted by:anonymous5089 |
| #3 Women, children, poor countries hardest hit. |
| Posted by: trailing wife 2008-01-02 21:33 |
| #2 IRAN-DAILY > Oil at US$100 a Barrel > OIL LEADING TO GLOBAL ECONOMIC SLOWDOWN. |
| Posted by: JosephMendiola 2008-01-02 21:05 |
| #1 LOL. Robert Rapier slips thru the New Year with his 1K intact! |
| Posted by: Thomas Woof 2008-01-02 17:06 |