One thing is for certain. High oil prices are good for the environment, Canada and Saudi Arabia. It may be tough on some commuters in the short term. Too bad they didn't smarten up when it happened back in the eighties but at least this time we have the technology to make things happen. Energy, steel, water. We have it all and the rest of the world is going to want it. Its certainly not too late for SU, it will be there for quite some time.
MELBOURNE (Reuters) - Oil prices raced to a new all-time peak on Monday, climbing toward $58 a barrel as OPEC signaled it would discuss a second output rise to try to quell the market's relentless rally.
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