Oil heads higher, in sight of $40 on supply fears

[NNN0LHI]

http://www.alertnet.org/thenews/newsdesk/SP300082.htm

No story.

[pfitz59]

1. Gas went up $0.10 in one day!

Over 25 cents in a month. Inflation is coming!

[huellewig]

3. Just think of it as shifting income.

If anything your food should be cheaper since some can't afford it now if they want to still get to work. The price should drop to clear inventory. After that it should go BOOM. Stock up now.

</piss poor economic analysis>

[ClintonTyree]

4. Energy and food costs................

are excluded from the governments figures on inflation. These fuel prices will increase prices for everything else across the board, but isn't it convenient that fuel and food prices aren't figured into inflation statistics? If they were, there'd be widespread panic in this country already.

[sofa king]

2. Used to be $40 a barrel was the time to start up the pump horse.

How very... Texan. And Ohioan. And Pennsylvanian.

And thanks to President Bush for mismanaging the world crisis to the point that the exploitation of our strategic national reserve is now once again profitable. That's just effing great. And hey, we can all talk about Department of the Interior-skewed caribou estimates again!

Hooray for ANWR, but I bet it's the very last candy-cane in Santa's sack. Time for the kids to vote by absentee ballot and go to bed, now.