Oil largest 1 day jump in history up $4.00 a barrel

[lonestarnot]

Saw it on yahoo news but now it's gone. Up to $67 + a barrel again.

[Skink]

1. The few remaining refinaries in the U.S. are about to be toast..

Nothing like a real crisis to replace a fake crisis.

[Toots]

3. Are you referring to Huricane Rita or is there something else?

Not sure what you are referring to about other refineries about to be toast. :shrug:

[Jacobin]

5. Rita

is going to fork up the pipelines and production platforms in the western gulf of mexico that Katrina missed.

Oh, and if it hits Lake charles, or Beaumont or Port Arthur, several refineries will be out of commission for a time

[lonestarnot]

6. Yes Rita in the gulf... should she head that way, speculation has caused

the oil price per gallon to jump that much in a day.

[AzDar]

2. Everyone just bend over and grab your ankles...lol n/t

[The_Casual_Observer]

4. At the start of the year the "experts" as much as "guaranteed"

oil in the $25-$30 range by summer, owing to our progess in Iraq.