Over $132 A Barrel

I hadn’t been keeping track. Oil just keeps going up and up.

Crude oil shot past $132 a barrel for the first time Wednesday after the Energy Department reported a surprising decline in crude inventories last week following four straight weeks of gains. Crude rose as high as $132.08 a barrel on the New York Mercantile Exchange.

Wondered why stocks were down. That explains it. Never expected to see oil that high. Expect gasoline prices to be high for the Memorial Day holiday weekend too. Sucks.

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