Countdown to $200 Crude (3)

TGIF! It is another summer day here, nice and warm. Crude prices reached another new height today. It was $125.96 on the NYMEX. Here is what CNN had to say about the gas prices:

http://money.cnn.com/2008/05/09/markets/markets_newyork/index.htm?postversion=2008050916

Commodity prices surge: U.S. light crude oil for June delivery settled at a record $125.96 on the New York Mercantile Exchange, after hitting a trading record of $126.20 per barrel earlier.

The national average price for a gallon of regular unleaded gas rose to a record $3.671 from $3.645 the previous day, according to AAA.