Chart of the Day Today, crude oil futures surged $2.14 settling at a lofty $63.91 per barrel. While oil is near 23-year highs, it is still well below the inflation-adjusted highs of 1980. It is also interesting to note that most oil price spikes were a result of Middle East crises and often preceded or coincided with a US recession. Stay tuned…
Notes: - Which way is oil headed and what does the current oil spike mean for the stock market? Find out with the exclusive charts of Chart of the Day Plus.
Source - Dow Jones
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Quote of the Day "The Stone Age didn't end because they ran out of stones; the Oil Age won't end because we run out of oil." - Don Huberts
Events of the Day
April 01, 2006 - April Fool's Day April 02, 2006 - Daylight Saving Time begins (US) April 03, 2006 - NCAA men's basketball championship - Masters golf tournament begins (ends April 9th) April 04, 2006 - NCAA women's basketball championship
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