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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (96302)	7/8/2011 2:13:57 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 149317

Haven't looked today, but oil ain't down big. Yesterday... Brent went up today, 4.97 a barrel! oil-price.net Louisiana Sweet up $4.52 today as well. Pretty much everything is up about 4% today apart from the "magic" WTI. With similar rises in wholesale gasoline, this implies average US pump prices are set to increase about 20c per gallon over the next couple of weeks (if prices hold). Current Brent $118.36. Louisiana Sweet about $114.88 as of last Bloomberg update. Avg SPR winning bid about $107. Things won't be booming for at least 20-25 years.