Oil almost to record high of $146/barrel

| July 3, 2008

Oil is up again nearing $146/ barrel due to declining U.S. inventories and escalating concerns over the possibilty over conflict with Iran. The Saudi’s oil minister made comments that they would not be boosting production also added to the rise in price. With continued weakness in the U.S. dollar and concern that the European Central […]

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Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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