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Tuesday, October 05, 2004


From CBS Marketwatch:
Crude for November delivery climbed as high as $51.25 a barrel on the New York Mercantile Exchange, eclipsing the previous record intraday mark of $50.47 set on Sept. 28. The contract was last at $51.10, up $1.19, or 2.4 percent.
I noticed that local gas prices are back over $2--$2.09 at the local Speedway station.

George's Saudi friends have been trying to come to the rescue, but it's not working. According to the NY Times:
Only Saudi Arabia is able to pump more, maybe up to 500,000 barrels extra a day, but because of its high sulfur content, "it's the wrong kind of oil," he said. "Nobody wants it."
Riyadh and weep, George. Frankly, I'm willing to have the SUV drivers pay whatever it takes to get Bush out of office so we can then get down to the serious work of getting Kerry out of office!