Town Square

Post a New Topic

Oil Rises to Record $92.22 on Increased U.S.-Iran Tension

Original post made by Dr. Ferragamo on Oct 26, 2007

There's nothing out there to stop oil from going to $100,'' said Chip Hodge, a managing director at MFC Global Investment Management in Boston, who oversees a $4.5 billion oil and gas company bond portfolio. ``There are plenty of bullish factors such as the continued dispute between Turkey and Iraq, the new sanctions against Iran and falling inventories.''

Here's the story:

Web Link

Comments (3)

Posted by qq, a resident of Barron Park
on Oct 26, 2007 at 5:21 pm

Don't forget, oil is rising, as the dollar is falling.

Web Link

Not to mention, gold at a 28 year high of $779. ;-)

qq


Posted by Greg, a resident of Southgate
on Oct 26, 2007 at 6:19 pm

All the more reason to build as many nuclear power plants, as soon as possible. What are waiting for?


Posted by Dr. Ferragamo, a resident of Stanford
on Oct 26, 2007 at 6:24 pm

[Post removed by Palo Alto Online staff.]


If you were a member and logged in you could track comments from this story.

Sorry, but further commenting on this topic has been closed.

Services, Dining and Shopping Downtown in Palo Alto
By Steve Levy | 16 comments | 2,239 views

Handmade truffle shop now open in downtown Palo Alto
By Elena Kadvany | 3 comments | 1,978 views

It's the End of the World as We Know It: "Snowpiercer"
By Anita Felicelli | 1 comment | 1,496 views

Why is doing nothing so difficult?
By Sally Torbey | 7 comments | 968 views

Call it a novel: Dirty Love by Andre Dubus III
By Nick Taylor | 0 comments | 150 views