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RUBY1100

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RUBY1100

Re: None

Friday, 06/06/2008 3:42:19 PM

Friday, June 06, 2008 3:42:19 PM

Post# of 361445
'Hysteria' drives oil to record high $138.50

Oil prices shot up nearly $11 a barrel and settled today at a record $138.54 -- driven by geopolitical jitters, a dollar decline stemming from a weak jobs report and a forecast that oil would hit $150 by July 4.

"It's pure hysteria," one industry analyst told
CNNMoney.com http://www.cnn.com/
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