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Brent crude tops $103 as Egypt violence escalates
Reuters ^ | 2/2/11 | Alejandro Barbajosa

Posted on 02/02/2011 10:15:11 PM PST by Kartographer

Brent crude surpassed $103 on Thursday after violent clashes in Egypt raised the prospect of further unrest across the Middle East, overshadowing the bearish effect of soaring gasoline inventories in top consumer the United States.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Foreign Affairs; News/Current Events
KEYWORDS: brentcrude; opec
DRILL HERE! DRILL NOW!
1 posted on 02/02/2011 10:15:16 PM PST by Kartographer
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To: Kartographer

NOBAMA SAYS NO!


2 posted on 02/02/2011 10:16:12 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Kartographer

Isn’t the age of Obama awesome...

Middle Eastern countries are on fire and the DOW stays at 12,000!

11% of American homes sit empty and the DOW is at 12,000!

Unemployment is 18-20% and the DOW is at 12,000!

Inflation is 8% and the DOW is at 12,000!

Trillion dollar deficits every 7 months and the DOW is at 12,000!

Yessiree for Obama’s fatcat buddies, the times are awesome...


3 posted on 02/02/2011 10:17:59 PM PST by Freddd (CNN is down to Three Hundred Thousand viewers. But they worked for it.)
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To: Freddd

See what happens when the US gov gets into the stock market!


4 posted on 02/02/2011 10:26:31 PM PST by TrumpisRight (Can man rule himself?)
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To: Kartographer

Fraking vultures need to be shoved back into their holes.


5 posted on 02/02/2011 10:32:26 PM PST by Tempest (I put money ahead of people)
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To: Kartographer

“DRILL HERE! DRILL NOW!”

We are.

Almost half the drilling rigs in the entire wold are drilling right now here in the USA!


6 posted on 02/02/2011 10:47:45 PM PST by trumandogz
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To: Kartographer

Whoever this Brent Crude guy is, I hope he stops going up on his price.


7 posted on 02/02/2011 11:00:58 PM PST by OrangeHoof (Washington, we Texans want a divorce!)
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To: Freddd
"Yessiree for Obama’s fatcat buddies, the times are awesome..."

BUMP

mean while middle america freezes in the dark. One can only hooe that there will be a pay back,

8 posted on 02/02/2011 11:31:41 PM PST by jpsb
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To: Calif4Palin

Stocks backed by the faith and credit of Barak Hussein and the Democrat Party.


9 posted on 02/03/2011 1:05:30 AM PST by screaminsunshine (Surfers Rule)
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To: Freddd

The dow at 12K is not realistic. Being propped up to keep the investers from panicking.
Kind of like putting off the day of reckoning on federal spending. One of these days, the bubble will pop.


10 posted on 02/03/2011 5:23:05 AM PST by Texas resident (Hunkered Down)
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