Oil nears $123 on $200 oil prediction, supply concerns

Oil futures blasted to a new record near $123 a barrel Tuesday, gaining momentum as investors bought on a forecast of much higher prices and on any news hinting at supply shortages.

[Zack West]

We need to tell our congressman to stop the oil flow
Japan gets from Alaska. We need that oil now!
Another question. Is their a conspiracy against
the public getting electric cars?
Seems awful funny with our advanced technology.
People should check You Tube and type in "electric car"
An electric car can go 0-90 fast enough to beat a sports
car! with a range of 200 miles!
What about kit electic cars? you can buy kit Airplanes and ultralites! We need some bright kids to make a local company building affordable electric cars that run on
disposable lap top batteries.

[S_B_O]

When the folks that benefit the most from rising prices make predictions of drastically rising prices, I feel it is the media's fault for feeding the hysteria by printing that information. I swear the media has a singular goal of ruining this nation and they will not stop until they succeed. What ever happened to presenting us with the news?

[Mark]

S_B_O wrote:

When the folks that benefit the most from rising prices make predictions of drastically rising prices, I feel it is the media's fault for feeding the hysteria by printing that information. I swear the media has a singular goal of ruining this nation and they will not stop until they succeed. What ever happened to presenting us with the news?

Well said. Sort of like the 'recession'\slowdown they talked us into.

(insert sarcasm) But of course, we can't infringe on their right to free speech or the freedom of the press. Never mind what they do to us and the country. People need to have some better critical thinking skills and not believe everything they hear, from politicians or the media.