Oil Blasts to Nearly $128 Before Easing
May 17th, 2008 | By Doug Casey | Category: Oil Investment & Alternative EnergyIn the energy market Thursday, crude for June delivery blasted higher, settling at $126.29/barrel, up $2.17 after easing off a record intraday high of $127.82. June reformulated gasoline rose 5 cents, to $3.22/gallon.