Oil Finally Over $100

Posted By: Dr. Frugal in Economics on 01/02/2008 at 14:02:57

That didn't take long. Only two days into 2008 and oil has already broken the $100/barrel mark. Apparently the recent disturbances in oil-rich Nigeria sparked this recent hike and only after about an hour the price of oil again fell back to just over $98. I'm not sure why I'm so interested in the price of oil since I don't drive to work but I plan on keeping writing about it. Sorry.