Originally Posted by ewrbasedpilot

Oil is priced over $100 because of this "$20-$30 WAR premium", "$10-$20 hurricane premium" and a few other things like SPECULATORS driving the price higher. They don't realize the damage they are inflicting on the economy as a whole. I know, I know, .....they're entitled to everything they earn and good for them, but in the end, it's you and I who will pay through the nose for it. I see it's up almost $3 a bbl today. Great...........another $132 MILLION off of CAL's bottom line. I guess now is a GREAT TIME to negotiate another contract.