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Thursday, January 03, 2008
Oil continues to test the $100 mark

· 1/03/2008 02:42:00 PM ET · Link 
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For the second day in a row, oil hit the $100 point and today it broke through as high as $100.09 per barrel. While it may not have much of an impact on buying habits in America (that figure is probably closer to $120 or $130) breaking through a support level is big news. We may have a few more tests around this number but if it keeps testing and solidly breaks through, $120 may not be that far away.

Mission Accomplished. Cheney and the GOP special interests are enjoying the profits of their deep investments. For them, life is good.

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