$130 Do I hear $130. $140, do I hear $140, $142, Do I hear $142? Uh-Oh


Another Friday. Another record breaking oil price notched in the record books.

While at one point today, oil traded as high as $142.60/barrel — when all the excitement was over, oil closed at “only” $140.21.

I guess this is what they mean when they say, “Be thankful for small favors.”

Another rotten day for most of the airline sector on Wall Street as well. For those few airline stocks that posted gains on the day, the gains were quite small.