http://www.bloomberg.com/apps/news?pid=20601085&sid=a72dCZpP2t8k&refer=europe
``I'm not going to say we're going to $100 a barrel right away, but neither am I going to rule it out,'' said Peter Beutel, the president of Cameron Hanover Inc., a New Canaan, Connecticut, energy consultant. ``If events drag Iran into the situation and it deteriorates to the point that they want to block the Straits of Hormuz, and we get a hurricane, yes, we will see $100.''
Crude oil for August delivery rose as much as $1.70, or 2.2 percent, to $78.40 a barrel in after-hours electronic trading on the New York Mercantile Exchange. It was at $77.38 at 11:50 a.m. in London, about 28 percent rise so far this year.
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