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« Backseat Driver: No More Slouching Toward Alternative Fuels | Main | Oil slips towards $81 »

September 20, 2007

Oil Up Again As Low Dollar Spurs Buying

NEW YORK -- Crude oil prices surged further into record terrain Thursday, breaching $83 a barrel as the weak dollar and some worrisome weather in the Gulf of Mexico spurred buying, according to the Associated Press.

Gasoline futures jumped as well.

Posted by Peter C. T. Elsworth  at 4:42 PM to Crude oil market , Gas prices | Permalink

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Peter C. T. Elsworth
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