Friday, July 14, 2006

Mideast Turmoil Sends Oil Prices Past $78


Thanks a lot, Israel. With friends like you, we sure don't need anymore enemies.

It isn't as if we don't have our own greedy-ass Oil Execs to contend with.

Hey, here's a thought. Why don't you send your air force after them?

Mideast Turmoil Sends Oil Prices Past $78:

Intensifying violence in the Middle East on Friday stoked fears of an oil-supply disruption in the region, pushing oil prices above $78 a barrel.

Because oil accounts for more than 50 percent of the cost of gasoline, pump prices, now averaging $2.96 a gallon nationwide, are likely to climb, analysts said. The wholesale price of gasoline is near a 10-month high.

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