{"id":146905,"date":"2010-01-06T20:29:00","date_gmt":"2010-01-07T01:29:00","guid":{"rendered":"http:\/\/www.businessinsider.com\/blistering-cold-sends-oil-to-83-2010-1"},"modified":"2010-01-06T20:29:00","modified_gmt":"2010-01-07T01:29:00","slug":"blistering-cold-sends-oil-to-83","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/146905","title":{"rendered":"Blistering Cold Sends Oil To $83"},"content":{"rendered":"<div class=\"copy\">\n<p><img decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b43bbab0000000000673bba\" border=\"0\" alt=\"AP Rockies Oil\" \/><span class=\"first-letter\">O<\/span>il surged above $83 Wednesday for first time since October of 2008, <a href=\"http:\/\/www.reuters.com\/article\/idUSTRE5B30OK20100106\">Reuters reports<\/a>.<\/p>\n<p><span>Crude prices had initially dropped after the U.S. Energy Information Administration (EIA) reported a 1.3-million-barrel increase in stockpiles, but expectations of higher demand next week due to cold weather sent the price back up, analysts said.<\/span><\/p>\n<p><span>Divisions between <\/span>Federal Reserve policymakers over whether to extend a program to bolster America&#8217;s housing industry caused the U.S. dollar to drop to three-week lows, which also contributed to the <a href=\"http:\/\/www.businessinsider.com\/oil-climbs-above-81-for-the-first-time-in-15-months-2010-1\">spike in oil<\/a>.<\/p>\n<p>The new high is not a good sign for consumers, as oil prices doubled in 2009 for much of the same reason.<\/p>\n<\/div>\n<p><a href=\"http:\/\/www.businessinsider.com\/blistering-cold-sends-oil-to-83-2010-1#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/rising-oil-will-force-us-into-post-industrial-wasteland-2010-1\">How Rising Oil Prices Will Force U.S. Into A Post-Industrial Wasteland<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/oil-climbs-above-81-for-the-first-time-in-15-months-2010-1\">Oil Above $81 For The First Time In 15 Months<\/a><\/li>\n<\/ul>\n<p><a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/U56A-2YRX8KTsFmjzbYMKUk3VF0\/0\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/U56A-2YRX8KTsFmjzbYMKUk3VF0\/0\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><br \/>\n<a href=\"http:\/\/feedads.g.doubleclick.net\/~a\/U56A-2YRX8KTsFmjzbYMKUk3VF0\/1\/da\"><img decoding=\"async\" src=\"http:\/\/feedads.g.doubleclick.net\/~a\/U56A-2YRX8KTsFmjzbYMKUk3VF0\/1\/di\" border=\"0\" ismap=\"true\"><\/img><\/a><\/p>\n<div class=\"feedflare\">\n<a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=0RXEDEeNhO8:7XPckoiPaWk:yIl2AUoC8zA\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?d=yIl2AUoC8zA\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=0RXEDEeNhO8:7XPckoiPaWk:F7zBnMyn0Lo\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=0RXEDEeNhO8:7XPckoiPaWk:F7zBnMyn0Lo\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=0RXEDEeNhO8:7XPckoiPaWk:V_sGLiPBpWU\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=0RXEDEeNhO8:7XPckoiPaWk:V_sGLiPBpWU\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=0RXEDEeNhO8:7XPckoiPaWk:qj6IDK7rITs\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?d=qj6IDK7rITs\" border=\"0\"><\/img><\/a> <a href=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?a=0RXEDEeNhO8:7XPckoiPaWk:gIN9vFwOqvQ\"><img decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~ff\/greensheet?i=0RXEDEeNhO8:7XPckoiPaWk:gIN9vFwOqvQ\" border=\"0\"><\/img><\/a>\n<\/div>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/greensheet\/~4\/0RXEDEeNhO8\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oil surged above $83 Wednesday for first time since October of 2008, Reuters reports. Crude prices had initially dropped after the U.S. Energy Information Administration (EIA) reported a 1.3-million-barrel increase in stockpiles, but expectations of higher demand next week due to cold weather sent the price back up, analysts said. Divisions between Federal Reserve policymakers [&hellip;]<\/p>\n","protected":false},"author":813,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-146905","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/146905","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/813"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=146905"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/146905\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=146905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=146905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=146905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}