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AccountingBLOCK - Accounting Forums » Chill Out » Business and Economy » Oil hits $115 per barrel

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Oil hits $115 per barrel
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Old 04-16-2008, 01:02 PM   #1 (permalink)
ZaddY
 
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Default   Oil hits $115 per barrel
Just from CNN money is that oil just hit record $115 per barrel... where I live, it is $4.00/gallon already for unleaded...

Oil's above-$100 run has been attributed by many economists to the decline in value of the dollar and poorly performing stock markets. Investors buy commodities such as crude oil and gold to preserve the value of their assets.

Keeping fingers crossed....
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