Oil Prices Glenrock, Wyoming

June 6, 2008 - 11:11 PM
AP

In this March 8, 2008 file photo, a pumpjack works outside Glenrock, Wyoming.  Oil prices shot up more than $11 to a new record above $139 Friday, June 6, 2008 after Morgan Stanley predicted prices would hit $150 by the Fourth of July. The unprecedented jump is all but certain to drive gas prices well past the $4 mark in the coming weeks. (AP Photo/David Zalubowski, file)