Quotes of the Day

oil
Monday, Jun. 09, 2008

Open quoteI think it will go higher. Easy, cheap oil is over, peak oil is looming.Close quote

  • SHOKRI GHANEM
  • head of Libya's National Oil Corporation, after oil hit a record high of $139.12 per barrel. Forecasts predict oil could reach $150 by July 4th
Photo: Patrick Sison / AP | Source: Reuters