Stocks advance as oil pulls off fresh high

NEW YORK - Stocks rose Monday, the final session of an arduous first half, as the price of oil pulled off its high and relieved some inflation worries.
Light, sweet crude moved above $143 per barrel for the first time early Monday before pulling back sharply to $140.30, up 9 cents, on the New York Mercantile Exchange.
Everyone is pointing fingers. Someone is lying.
In other news...
Majors say speculators not to blame for oil price
MADRID (Reuters) - The heads of some of the world's biggest oil companies countered on Monday OPEC claims that speculators were driving high oil prices, blaming instead a dearth of new supplies.
The chief executives of Royal Dutch Shell Plc (RDSa.L), BP Plc (BP.L) and Spain's Repsol YPF (REP.MC) told the oil industry's biggest gathering in three years that restrictions on where they can invest and high taxes meant they could not help boost supplies as much as they might.
So according to them it's China's and India's fault?
They are the ones buying up the oil.
And as I predicted, the DDDN News Staff are about ready for their vacation and gas prices are the highest ever, just like I predicted.

Oil prices surged past $143 a barrel for the first time ever Monday, and the price for a gallon of gas hit an all-time high in the United States.
Driving to Kalifornia to visit friends.
If you need a company to tank or a team to loose, just let me know the stock ticker or who they are and I'll buy that stock or bet on that team and I promise I will not disappoint you.