« Transmission Problems Taken Care Of | Main | PBB Posting Time »

Crude Closes at All-Time High -- $75.19/barrel

Just goes to show what a few North Korean missiles will do.

Actually, today's record-breaking move was motivated more by gasoline supply concerns. But those geo-political factors didn't help much.

Look for gas prices to be closer to, or above, $3 a gallon by this weekend -- depending on the weekly energy inventory numbers the Department of Energy reports Thursday.

Posted by Holly on July 5, 2006 2:40 PM |

Comments

UAL's business plan is based on $50 per barrel for oil ... and the stock is dropping rapidly ...
As a prior employee who already watched his ESOP stock drop to $ .93 before he was "entitled" to cash out ... and since I have not recieved my "settlement" stock in the new company in compensation for the pension I lost ...
I will probably have to wait until the new stock value drops to $ .93 per share as well before I will be able to cash out.
Oh well.

Posted by: Mokulua Joe Author Profile Page | July 7, 2006 3:52 PM

Mokula Joe, thanks for commenting. As for your United stock, how much longer do you have to wait before you receive your "settlement" stock? Have they not given employees a timetable for this yet?

-Holly

Posted by: Holly Hegeman Author Profile Page | July 8, 2006 11:04 AM

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)