In the energy market Tuesday, crude for June delivery roared to new intraday and closing records, finishing at $121.84/barrel, up $1.87, after an intraday peak of $122.73. June reformulated gasoline gained 6 cents, to $3.12/gallon.

Solar stocks rose yesterday as crude oil prices hovered around $122 a barrel. According to Forbes, however, gains in solar stocks were more psychological than operational.

Even though oil accounts for 2% of electricity production in this country–a negligible amount–the high-flying solar sector rallied on the back of black-gold’s gains.

When Skybus Airlines shut down operations and declared bankruptcy over the weekend, it became the third carrier in the span of a week to close its doors.