Oil Prices Surge On Missile Tests - 75 dollar

Photo Credit BNL [US Government]

FORBES, MONEYLINE, Michele Steele, 07.05.06, 6:10 - - PM ETSurging oil prices plus North Korea's decision to test-fire seven missiles weighed heavily on stocks, pushing all the broader indexes lower. Crude oil futures closed at a record $75.20 per barrel. That move might be enough to push national average gas prices above $3 per gallon by this weekend.

HEMIDAKOTA - - This is stupidty at its best when the pricing has nothing to do with 'Supply & Demand' but speculation. Go figure.