Oil Rises Above $145 Amid Signs Fuel Supplies May Be Strained

[FreeBBC]

By Margot Habiby and Robert Tuttle July 3 (Bloomberg) -- Crude oil rose above $145 a barrel to a record amid signs global demand for fuels, particularly from China, may strain supplies.

Bloomberg.com: Worldwide

[Ck]

That's another 5 dollars a barrel.

[timey]

Well, yeah, we've known for a long while that fuel reserves will be strained. I've said it before, we'd better get used to it because I don't think fuel prices will ever come down by any great extent. Crikey, I remember when $30 a barrel was considered expensive.

[TVDinner]

it just really upsets me that an alternative fuel source has not been really developed or has been stopped by the oil and car companies. Just really makes me angry.