What\’s going on with the crude oil price? Why is it still pushing up?
Friday, February 15th, 2008
skjhlkj asked:
Can anybody explain to me why is the price of crude oil continues to pushing upward?
The highest price in mid summer was $75, and at the time I thought that was high. Now, it seems the price $75/barrel is like a miracle.
Are we demanding more oil during the winter month than the busy summer season? What is going on? Was there a hurricane hit somewhere that I missed? Is the hurricane season still going on?
I can’t understand the spike in the crude oil price so late in the year.
Jared
Can anybody explain to me why is the price of crude oil continues to pushing upward?
The highest price in mid summer was $75, and at the time I thought that was high. Now, it seems the price $75/barrel is like a miracle.
Are we demanding more oil during the winter month than the busy summer season? What is going on? Was there a hurricane hit somewhere that I missed? Is the hurricane season still going on?
I can’t understand the spike in the crude oil price so late in the year.
Jared
