Universal Energy Corporation (OTCBB: UVSE)
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Why do I feel so strongly about Energy? Read below from CNN on Saturday.
This will also show you why I am looking so strongly at Universal Energy Corp.
Here is the CNN story from Saturday:
Oil prices end at a record high
Declining inventories, potential trouble with Turkey and projections for a colder winter push crude to $83.69 a barrel
By Steve Hargreaves, CNNMoney.com staff writer
October 13 2007: 8:55 AM EDT
NEW YORK (CNNMoney.com) — Oil prices settled at a record high Friday on news of dwindling stockpiles, potential trouble with Turkey and projections for a colder winter.
U.S. crude for November delivery rose 61 cents to settle at $83.69 a barrel on the New York Mercantile Exchange, after hitting a fresh trading high of $84.05 a barrel earlier in the session. The previous settlement record was $83.32 set Sept. 20.
FULL STORY HERE:
http://money.cnn.com/2007/10/12/markets/oil_record/
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