Congratulations to dead dinosaurs!
Their oily remains, when put in a barrel, reached $100 for the first time ever today.
I believe the industry term for the fuel is "light, sweet crude." So light, sweet crude for February delivery ended up closing at $99.62 a barrel today, still a record that, surely, will soon be broken.
Again and again.
Curiously, I don't see anything light or sweet here.
Happy New Year!
