Resource Pages

Dec 14, 2010

Oil Prices Surge helped by a weaker dollar.

While higher oil prices put more money in OPEC pockets, oil-producing countries worry that prices could go too high, fan inflation and slow the global economic recovery. "The ministers generally love existing prices," energy consultants Cameron Hanover said in a report. "Some insiders have hinted at a quota increase if crude oil prices break above $100 a barrel." AP - Yahoo