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Oil hits $117 - a new record

AlfredSokol said: "Man oh man who can afford gas [url=http://biz.yahoo.com/rb/080418/markets_oil.html?.v=2]anymore?[/url] Oil hits $117 per barrel. I am walking and riding my bike from now on."

aaa12345 said: "Does anyone realize that this might be another bubble?"

Heather said: "It's up to $130 a barrel now. Just in time for the big Holiday weekend.."

ratAphooey said: "$130. Truly shocking. And scary!"

rmani said: "it's a total bubble, but i bet it will hit near $200 before it bursts. when it does pop though there's gonna be huge fallout"

ANUJ 10 said: "this is a bubble i dont beleive it as there clear demand supply gap that's why raes are increasing."

psaysofavril said: "starting to drop now."

ratAphooey said: "I hope we are hearing a POP right now. The idea of Hurricane Dolly is propping up the price today."

SystemTrading said: "Crude looks like it could going back to $100/barrell now. Anyone else have any thoughts?"