Suitably Flip

Chris Lurks, Oil Jerks

With that schmuck Chris threatening to disrupt American rigs in the Gulf of Mexico, oil went and got good and pricey today, with light crude nosing above $76 per barrel.

Tropical Storm Chris intensified over the Caribbean and could become the year's first hurricane to threaten the Gulf of Mexico later Wednesday or overnight, the Miami-based National Hurricane Center said. The storm's forecast path takes it into the Gulf early on Monday.

Hurricanes last year shut in a quarter of U.S. crude and fuel output and sent oil to record highs. Around 12 percent of the U.S. Gulf of Mexico's 1.5 million barrels per day (bpd) oil output is still offline.

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Chris Lurks, Oil Jerks

With that schmuck Chris threatening to disrupt American rigs in the Gulf of Mexico, oil went and got good and pricey today, with light crude nosing above $76 per barrel.

Tropical Storm Chris intensified over the Caribbean and could become the year's first hurricane to threaten the Gulf of Mexico later Wednesday or overnight, the Miami-based National Hurricane Center said. The storm's forecast path takes it into the Gulf early on Monday.

Hurricanes last year shut in a quarter of U.S. crude and fuel output and sent oil to record highs. Around 12 percent of the U.S. Gulf of Mexico's 1.5 million barrels per day (bpd) oil output is still offline.