BREAKING: Barrel of Oil hits $100.30, gas back over $3



A barrel of oil just hit $100.30 high today and while it might go higher or lower for the rest of the day, it seems trading over $100 is becoming normal. Why is this important? In the U.S., the price of gasoline is over $3 a gallon again, according to the EIA. With a barrel of oil reaching new heights, pump prices probably aren't headed down anytime soon.

UPDATE: Oil closed at $100.74 (see above).

[Sources: Reuters, CNBC]

Reader Comments (Page 1 of 1)

Add your comments

Please keep your comments relevant to this blog entry. Email addresses are never displayed, but they are required to confirm your comments.

When you enter your name and email address, you'll be sent a link to confirm your comment, and a password. To leave another comment, just use that password.

To create a live link, simply type the URL (including http://) or email address and we will make it a live link for you. You can put up to 3 URLs in your comments. Line breaks and paragraphs are automatically converted — no need to use <p> or <br /> tags.



Featured Galleries

  • RWE's Smart Ed
  • Smart Ed
  • Battery electric Volvo C30
  • Aston Martin Cygnet
  • Rinspeed UC?
  • BMW Concept ActiveE
  • Kepler Motion
  • Toyota Prius PHEV
  • Audi A1 teaser
  • Toyota Hybrid Concept Teaser
  • i-MiEV
  • Smart Ed and B-Class F-Cell

Categories


Autoblog

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum