Monday, January 03, 2011 6:31:18 PM
Come on GRNO: Oil prices rose past $92 a barrel on Monday to a 26-month high, as the new year began with the prospect of still higher energy prices to come.
Benchmark oil for February delivery rose as high as $92.66 a barrel, $1.28 above Friday's settlement price, in trading on the New York Mercantile Exchange. It gave up most of those gains to settle 17 cents higher at $91.55 on Monday. The last time oil settled above $92 a barrel was on Oct. 3, 2008, when it reached $93.88.
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2011/01/03/national/a090145S94.DTL#ixzz1A1BBCob4
Everything is all just a matter of opinion.
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