Crude oil closes at record high in NY

Crude oil futures soared to all-time record highs in New York as markets were roiled by news of missile launches by North Korea and tensions over Iran, dealers said.

New York's main contract, light sweet crude for delivery in August, leapt 1.26 dollars to a record closing high of 75.19 dollars a barrel. Prices soared as high as 75.40 dollars a barrel, an all-time intraday record.



That topped the prior record close of 75.17 dollars and intraday record of 75.35 dollars a barrel, both set on April 21.

Trading of light, sweet crude was suspended on Monday and Tuesday because of the US Independence Day holiday. Brent North Sea crude for August delivery jumped 1.46 dollars to 73.98 dollars per barrel in closing trades in London on Wednesday, approaching its all-time record of 74.97.

http://www.breitbart.com/news/2006/07/05/060705192647.zym6wp9y.html

OUCH...
In the last 6 months I have cut my driving.
When I bought my Taurus some years ago it was about 15.00 to fill up.
Now over 30.00...:sick:
When will it end?

It will end when we are fed up and quit driving. That will be very hard for people like me that live in rural areas but it will have to happen. I limit my trips and try to make combine errands when I do go out. However, there are no weekend road trips any more.

I sometimes wish I lived in an area where there was public transportation or that the places I need to go were within walking distance. Then I go outside on my front or back porch and naw. I will stay here and conserve as much as I can.