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Nitewolf Champion Author Anchorage Posts:16,524 Points:2,102,720 Joined:Jun 2004	Message Posted: Nov 19, 2012 10:22:38 AM Ignore Nitewolf Report Abuse By PABLO GORONDI — Associated Press BANGKOK — The price of oil rose to $88 a barrel Monday as the conflict in Gaza between Israel and Hamas showed no signs of abating, raising concerns about Middle East crude supplies. By early afternoon in Europe, benchmark oil for December delivery was up $1.09 to $88.01 a barrel in electronic trading on the New York Mercantile Exchange. The contract added $1.05 to finish at $86.92 per barrel on Friday. Brent crude, used to price many international varieties of oil, rose 77 cents to $109.72. Analysts highlighted concerns that oil supplies could be disrupted if the Israel-Hamas conflict engulfs countries elsewhere in the Middle East, a huge producer of crude. "Fears are growing that Arab oil producers could find themselves dragged into the conflict Visit Anchorage Daily News for full article

Nitewolf

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Message Posted: Nov 19, 2012 10:22:38 AM

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By PABLO GORONDI — Associated Press

BANGKOK — The price of oil rose to $88 a barrel Monday as the conflict in Gaza between Israel and Hamas showed no signs of abating, raising concerns about Middle East crude supplies.

By early afternoon in Europe, benchmark oil for December delivery was up $1.09 to $88.01 a barrel in electronic trading on the New York Mercantile Exchange. The contract added $1.05 to finish at $86.92 per barrel on Friday.

Brent crude, used to price many international varieties of oil, rose 77 cents to $109.72.

Analysts highlighted concerns that oil supplies could be disrupted if the Israel-Hamas conflict engulfs countries elsewhere in the Middle East, a huge producer of crude.

"Fears are growing that Arab oil producers could find themselves dragged into the conflict
Visit Anchorage Daily News for full article

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ClarkSC Champion Author South Carolina Posts:3,063 Points:1,008,480 Joined:May 2010	Message Posted: Nov 20, 2012 8:07:28 AM Ignore ClarkSC Report Abuse Any excuse.
ktbaeohana Champion Author Las Vegas Posts:2,296 Points:420,700 Joined:Mar 2010	Message Posted: Nov 19, 2012 6:21:20 PM Ignore ktbaeohana Report Abuse watch and see.
Nicoalbum Champion Author Ottawa Posts:6,002 Points:1,186,040 Joined:Jan 2010	Message Posted: Nov 19, 2012 1:44:50 PM Ignore Nicoalbum Report Abuse Always like that
Jeff4U Champion Author Atlanta Posts:8,733 Points:1,849,445 Joined:Nov 2004	Message Posted: Nov 19, 2012 12:39:28 PM Ignore Jeff4U Report Abuse Crude is now $89.44 The price Friday was $85.50 Wholesale gasoline rose by 7¢ so far today, now at $2.77 per gallon.
evowner Champion Author Salem Posts:2,167 Points:356,335 Joined:May 2012	Message Posted: Nov 19, 2012 12:22:20 PM Ignore evowner Report Abuse US energy independence is essential for our security. If we had used the "war for oil" money in the US to develope new energy sources, we would we much closer to energy independence. Now we have to catch up and use technologies of other countries.
skempton Champion Author Vermont Posts:1,129 Points:836,235 Joined:Apr 2010	Message Posted: Nov 19, 2012 11:43:04 AM Ignore skempton Report Abuse It amazes me what the rise in price is attributed to.
amerk73 Champion Author Dallas Posts:7,031 Points:1,618,075 Joined:Oct 2008	Message Posted: Nov 19, 2012 11:29:02 AM Ignore amerk73 Report Abuse Brent Crude Oil now at $111.27
amerk73 Champion Author Dallas Posts:7,031 Points:1,618,075 Joined:Oct 2008	Message Posted: Nov 19, 2012 11:28:29 AM Ignore amerk73 Report Abuse not fair prices Crude Oil now at $89.12
humblepie Champion Author Toledo Posts:34,100 Points:2,368,445 Joined:Mar 2006	Message Posted: Nov 19, 2012 10:42:50 AM Ignore humblepie Report Abuse expected
JCI46009IN Champion Author Indiana Posts:2,129 Points:439,570 Joined:Sep 2011	Message Posted: Nov 19, 2012 10:26:10 AM Ignore JCI46009IN Report Abuse Of course it will