Anything to raise the price of oil.....

Every single day I can find another reason in the news as to why the price of oil keeps going up! I like the one about which way the wind blows. . . . . .

clipped from www.bloomberg.com an. 3 (Bloomberg) -- Crude oil traded near a record in New York after reaching $100 a barrel for the first time yesterday on concern violence in Nigeria may further cut output in Africa's biggest oil producer. Nigerian militants killed 12 people in the southern oil city of Port Harcourt on Jan. 1. Violence has already curbed the nation's daily production by almost a quarter. Gold surged 3.1 percent yesterday to a record as the dollar's slump against major currencies enhanced the appeal of commodities as a hedge against inflation. ``It was the violence in Nigeria that pushed prices up there, combined with the fact that a lot of the bigger players are back in the market after the holiday,'' said David Aleman, a senior analyst at Grand Central Trading Co. in Newport Beach, California. ``The market was looking for bullish reasons to keep going higher and this event fits the bill.''