--- Some energy market experts are saying that this may be the week that the price of crude oil hits the symbolic $100 a barrel mark.
In fact, the Wall Street Journal reported that some market watchers believe that prices this week could eclipse the inflation-adjusted record of $101.70 reached in April 1980.
On Friday, the front-month December crude contract on the New York Mercantile Exchange settled at $95.93 a barrel. But how long crude prices will stay that high remains a subject of debate.
Originally posted on Fleet Financials