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Oil Flirts With Record-High $104

Passes inflation-adjusted all-time peak

By Kevin Spak, Newser Staff

Posted Mar 3, 2008 11:45 AM CST

(Newser) – As oil soared to nearly $104 a barrel today, it set an all-time, inflation-adjusted record, surpassing even the height of the oil crises of the '70s and '80s, the New York Times reports. Futures touched $103.95 on the New York Mercantile Exchange, beating out... Read full story »

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Oil Flirts With Record-High $104

Passes inflation-adjusted all-time peak

inflation • oil • futures market • oil price • New York Mercantile Exchange • commodities • oil supply • $100 a barrel oil • oil crisis

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