With Oil Nearing $130, Kicking the ‘Oil Addiction’ Looks Like the Sole U.S. Hope
May 21st, 2008 | By Jason Simpkins | Category: Oil Investment & Alternative EnergyOil prices set a new record just shy of the $130 a barrel level yesterday (Tuesday), despite a concerted – though probably futile – effort by the U.S. government to rein in the runaway commodity.