Oil futures shot to a new record above $100 Tuesday for the first time since Jan. 3
There was no single driver behind oilÃ¢â‚¬â„¢s sharp price jump; investors seized on an explosion at a 67,000 barrel per day refinery in Texas, the falling dollar, the possibility that OPEC may cut production next month, and continuing tensions between the U.S. and Venezuela.
I love it when the prices shoot us because some damn speculator decides something could possibly happen somewhere . bastards!!!! >:(