Money Praying At The Pump?
posted by August 21 at 9:06 AMon
God ain’t hearing it.
Tensions with Russia about a deal between Washington and Poland to install a missile defense system in Eastern Europe — seen as a threat by Moscow — and the continued presence of Russia in Georgia contributed greatly to the bullish mood.
Light, sweet crude for October delivery jumped $6 to $121.56 a barrel on the New York Mercantile Exchange. It was crude’s highest trading level since Aug. 7.