Oil continues its inexorable advance...

As a follow up to a post I made some time back about Lee Kuan Yew's comments on oil, here are a few articles recording the historic highs in oil prices reached earlier this week:

http://www.ft.com/cms/s/0/9c732bb8-33c2-11dd-869b-0000779fd2ac.html?nclick_check=1

http://www.marketwatch.com/news/story/oil-up-almost-11-mark/story.aspx?guid=%7BB3A39E99-D68C-4872-AD8F-752CF3735888%7D

http://www.iht.com/articles/2008/06/06/business/06oil.php