Its a Saturday night and i've got a little time so i'm posting a few links to some relevant news stories regarding $70 dollar oil and $3.oo gas. Cactus Jack has a wonderful post on the yahoo message boards for NBP...read it is a very intelligent breakdown of the unusual situation that faces us right now.

And playing to that theme here is a news item from Alberta which talks about what happens when a place is awash in oil gas and dollars. Also a story about an Iranian Indian connection.

While oil and gasoline has been rising how about natural gas spiking to nearly 10 bucks last week. Some views on why. And another story on nat gas here

Also Outside the Beltway has a blog about the recent rise in oil prices with respect to nominal and inflation adjusted highs.

And finally head to macroblog for a really in depth discussion of Energy. Long but good reading.

These should keep you occupied until trading resumes Monday.

Factiods has a summary of the Crosstex Conference call via the yahoo message boards. Thanks factiods for a brilliant rundown of XTEX/XTXI