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Old 10-17-2004, 11:12 PM  
KRL
Entrepreneur
 
Join Date: Oct 2002
Location: USA
Posts: 31,429
Crude Oil Went Over $55 Today

Just popped $55 in the Asian exchanges.

Analysts think it will go to $60 and then on to $75 a barrel next year.

Current worldwide demand is at 82 Million Barrels Per Day. That's 3.4 Billion gallons of gas consumption everday.

Oil companies are currently raking in an incredible $4.5 Billion per day at these prices.
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