Town Square

Post a New Topic

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

Original post made by Dr. Ferragamo, Stanford, 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)

 +   Like this comment
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


 +   Like this comment
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?


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

[Post removed by Palo Alto Online staff.]


Don't miss out on the discussion!
Sign up to be notified of new comments on this topic.

Email:


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

Steins, sausage and spaetzle: Mountain View hosts second Oktoberfest
By Elena Kadvany | 4 comments | 3,132 views

Men Are Good For Three Things
By Laura Stec | 37 comments | 2,971 views

Two creative lights depart Palo Alto, leaving diverse legacies
By Jay Thorwaldson | 2 comments | 1,548 views

Blood in the Fields: Ten Years Inside California's Nuestra Familia Gang
By Nick Taylor | 0 comments | 925 views

Slow Your Roll
By Cathy Kirkman | 0 comments | 289 views