Oil Price Settles at Record High

We have all seen it at the gas pump and it sounds like the gas is going to keep rising. Not only that but our lights and heat are rising too. Yesterday oil prices rose to fresh highs due to a combination of the weak dollar, supply concerns in Mexico and continued tensions in northern Iraq. It hit $93.53 a barrel, a record price and it could go up even more. Some are talking $100 a barrel. This is not good with winter coming on too. People won't be traveling as much but they have to heat and light their homes in the winter.