Oil prices surge on weaker dollar

Oil prices surge on weaker dollar

There are 2 comments on the Connecticut Post story from May 15, 2008, titled Oil prices surge on weaker dollar. In it, Connecticut Post reports that:

Oil prices surged nearly $2 a barrel Thursday as the dollar fell against the euro and investors anticipated strong demand for diesel fuel in parts of China ravaged by Monday's earthquake.

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good grief

Fairfield, CT

#1 May 15, 2008
"However, Lynch thinks gas prices will peak around $3.85 to $3.90 a gallon on a national basis just before the Memorial Day weekend.
"I don't think we'll go much higher than that," he said."
He must not be in touch with reality....every gas station I passed on the way to work this morning was over $4.

Houston, TX

#2 May 15, 2008
Exactly! Every single one I passed was at $4. Ridiculous!!!! I'm afraid that when the summer prices hit, we'll be paying $5 a gallon.

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