January 3, 2008
Notes

$100 A "Barrel"

Oil-$100 Reuters had to reach back a ways for this one, but i think it was worth it.

The caption reads:

A motorist holds a fuel pump at a Gulf petrol station in London in this April 18, 2006 file photo. Oil vaulted to a record $100 a barrel on January 2, 2008 as geopolitical turmoil, tight energy stockpiles, and a weak dollar triggered a flood of speculative buying, dealers said.

“Triggered.”  Clever.

… But maybe, more like a hold-up.

(image Luke MacGregor/Reuters.)

Post By

Michael Shaw
See other posts by Michael here.

The Big Picture

Follow us on Instagram (@readingthepictures) and Twitter (@readingthepix), and

Topic

A curated collection of pieces related to our most-popular subject matter.

Reactions

Comments Powered by Disqus