[JasonC]

An Algerian minister said openly it is all for the balance of the year until they get a new US president. Usually they aren't that brazen.

[the invisib1e hand]

Paging vladimir petroleum polonium putin.

[Kolokotronis]

I would enjoy reading the explanations of the Free Market crowd, but I’m too darn cold and can’t afford anymore heating oil. Payback’s gonna be really something come next November.

[RightWhale]

107.98 right now in intraday trading as they call it. That is, the NYMEX is closed but not really.

[Billg64]

Probably a good idea not to drill for oil in the US (sarcasm)

[traumer]

Make it $110

[familyop]

Ping to a panic party. ;-)

[parthian shot]

This is what we get for having “NO GUTS” / “NO LEADERSHIP Republican politicians. The Dems have played us like a Symphony Orchestra.

[Integrityrocks]

Had ANWAR been opened up 12 years ago there would be NO oil price news. OPEN ANWAR before it gets to $300 a barrel.

[bluedressman]

the author, like every other news outlet, needs to be corrected.

should read oil futures price....not oil price.

big difference.

[commonguymd]

The way oil is trading one could see the bottom falling out soon.

[epow]

Get ready for $4 gas, 'cause here it comes ready or not.

Most of the things we buy contain substances derived from petroleum, our food is produced with petroleum fueled equipment, and practically everything we buy is transported at some point by a petroleum fueled carrier of some kind. And an awful lot of what we buy comes all the way across the Pacific ocean and then all the way across the continent for those of us in the east. When crude goes up everything goes up, and I'm seeing that now every time I go through the supermarket checkout line.