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JosephKK[_2_] JosephKK[_2_] is offline
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Default Oil prices climb to $101.11 a barrel...

Jim Thompson wrote:
"Paul Hovnanian P.E." wrote in message
...
Jim Thompson wrote:
http://www.marke****ch.com/news/stor...%7D&siteid=rss

Feb. 26, 2008

.................................................. ................................................

As the broader market began to regain lost ground, crude prices for
April delivery gained 2.3% to a new high of $101.11 a barrel on the
New York Mercantile Exchange, surpassing crude's last record of
$100.65 hit last week.

Or, the dollar drops to $101.11 per barrel. That's about 66.96 EU/
barrel. There's a good change that if you offered to settle in Euros,
most oil producers would quote you a better rate than that.

--
Paul Hovnanian
------------------------------------------------------------------
Life is like an analogy.




That's the right way to look at the transition. In 2003 the EURO makers
said they will beat US because they hated Bush's arrogant act on Iraq, they
pushed to Arabic countries to use EURO as their standard currency. US
over-spent in every corner, that adds up to the mountain of fire.


...Jim Thompson


You sure as heck don't know the real Jim Thompson do you