The Sun Rose Friday Morning, So Did Oil Prices! / WILX News 10 Lansing/Jackson-, Breaking News that's local from where you live

WILX Home · Station Info

News · Sports · Weather · Downloads · Apartment Guide · Job Search · Breakroom · Blogs · Contests · 2008 Election Guide

What's Going Around · Medical Breakthroughs · Recalls · Polls · Schools · Seen on Ten · Money · News Tips · Money Talks · Going Green

Most Popular
1.	GM Recalls 944,000 Vehicles
2.	Local Reaction To Sarah Palin As VP Pick
3.	Kwame Tries to Delay Governor's Hearing
4.	Fugitive Mom Warned to Tone It Down
5.	Stimulus Check Schedule Released
6.	McCain Picks Alaska Governor
7.	Constitutional Rewrite Goes to Supreme Court
8.	Woman Crushed in Trash Compactor
9.	Horrible Allergy Season
10.	Mom: Punishment Doesn't Fit the Crime

The Sun Rose Friday Morning, So Did Oil Prices!

Save

Posted: 7:56 AM May 16, 2008
Last Updated: 7:56 AM May 16, 2008
Reporter: Associated Press

2 comments

A | A | A

Oil prices have risen above $127 a barrel for the first time.
Light, sweet crude for June delivery rose as much as $3.31 to $127.43 a barrel in electronic trading Friday on the New York Mercantile Exchange by afternoon in Europe. That tops the previous high of $126.98 a barrel set Tuesday.
The contract closed at $124.12 on Thursday.
U.S. energy risk management firm Cameron Hanover says "everything the market looks at is bullish" and predicts greater volatility.

More Stories
State Loses Half its Convention Delegates

Local Delegate Heads to Republican National Convention

House Speaker to Fight Recall Ruling

Cal Ready For Rematch With MSU

Labor Day Travel

Local Reaction To Sarah Palin As VP Pick

Local Red Cross Volunteers Head to Hurricane Zone

GM Recalls 944,000 Vehicles

Comments are posted from viewers like you and do not always reflect the views of this station.

Posted by: Jay Location: Jackson on May 17, 2008 at 07:45 AM
Eddie, Amen.......

Posted by: eddie Location: jackson on May 16, 2008 at 10:14 AM
did not they say it would someday hit 200$ a barrel.have not they said 8-10 $ gal of gas?so they must of looked ahead or this has been well planned by the oil people all over the world.what we have is in demand so why not charge for it.who cares how it causes food to go up or anything else.look at the control it will give the government over the people world wide.look at the power it will have over poor countries.god gave us this oil as part of the earth,woe to thoes who profit and cause hardships and starvation to all thoes it does.woe to the govs greed, they will never go on to better things and not be taking their riches with them.meek will inherit the earth.loving,kind,shareing,helping others,honest,people who are not rich by far.good cristian people.then thoes thinking only of themselves,love of money,they will be gone.all cruel govs along with them.do onto others?up goes prices,down goes people?as the world changes?sign of the times?men will suffer.

	10 to Go News Weather & Video
	Breaking News & Weather Download Free to Your Computer
	My 10 Submit Your Pictures and Videos Here
	Blogs News Sports Weather Life
	Espanol Clic Aqui Para Leer En Espanol
	Tell Us More Tell Us More
	RSS Get Your RSS Feeds Here RSS Readers and Codes
	Weather Source 24 Hour Local Weather Channel
	Lansing Regional Chamber of Commerce Latest Developments in Mid-Michigan