Oil prices rise despite huge inventory buildup

Full story: TwinCities.com

Oil prices rose today despite another government report showing that U.S. crude stockpiles are growing as consumers and business slash spending on energy.
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1 - 10 of 10 Comments Last updated Jan 29, 2009
MadeInAmerica

Saint Paul, MN

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#1
Jan 28, 2009
 

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I want an electric car. I just want it the size of my SUV (lol)
Bootsontheroad

United States

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#2
Jan 28, 2009
 

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the speculator think that all the unempleyed are going to driving to all those job interviews none of them are getting.
johns6797

Houston, TX

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#3
Jan 28, 2009
 

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Only Wall St. crooks could create a spike in the price of oil during an oil glut.

Crooked, greedy people whose parents were never married!!!!
Wm Wallace

Saint Paul, MN

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#4
Jan 28, 2009
 

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Let me see... Oil $34 /BBL in December - January 20 Price started increasing - January 28th Big huge glut of oil but price going up. Only thing I know of that could drive the price up over that period would be........OBAMA became President.... They will keep going up ...
Taxpayer

Brainerd, MN

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#5
Jan 28, 2009
 

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As long as they don't get carried away again and let prices go to $4 they don't have to worry about us thinking long term and developing alternatives.

We need to remove the massive subsidies that oil gets and let the free market work.
Casey Jones

United States

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#6
Jan 28, 2009
 

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MadeInAmerica wrote:
I want an electric car. I just want it the size of my SUV (lol)
Talk to the General Electric Locomotive Works...
Mohammad

Minneapolis, MN

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#7
Jan 28, 2009
 

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This is good news. The American people need to help the Chinese people. Most of the HDTVs are made in CHINA. We will help the Chinese government and people. When we help China, we help ourselves. Go out and purchase your CHINESE HDTV as soon as possible.
JKS

Prior Lake, MN

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Jan 28, 2009
 

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Taxpayer wrote:
As long as they don't get carried away again and let prices go to $4 they don't have to worry about us thinking long term and developing alternatives.
We need to remove the massive subsidies that oil gets and let the free market work.
I agree to remove the massive subsidies for the oil companies, but now more than ever, we have to continue R&D new energy. We won't get fooled again!!!
That should be our philosophy going forward.
Regular Joe

United States

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#9
Jan 28, 2009
 
Sounds like we will be bailing out Conoco-Phillips pretty soon.
MadeInAmerica

Saint Paul, MN

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#10
Jan 29, 2009
 
Mohammad wrote:
This is good news. The American people need to help the Chinese people. Most of the HDTVs are made in CHINA. We will help the Chinese government and people. When we help China, we help ourselves. Go out and purchase your CHINESE HDTV as soon as possible.
Rumor has it that we are going to have them make our peanut butter now too.

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