Reuters.com reports:

U.S. crude oil prices came within pennies of their record peak on Wednesday before slipping back, as worries over demand growth overshadowed rising stockpile levels in the United States.

Cold weather in the U.S. Northeast, the world's largest heating oil market, also helped support red-hot prices, which have surged more than 25 percent since the start of the year.

I vaguely remember Georgie saying something the first time he was running for president that he would be able to "speak" with OPEC and get them to lower oil prices. Guess that was just another lie.
posted by Idle Crank at 3/10/2005 01:48:00 AM