"Oil Reaches $40 First Time Since Iraq Invaded Kuwait in 1990"
``We hate to see such high prices because eventually they will slow the economy,'' said Bill Greehey, chief executive of Valero Energy Corp., the third-largest refiner in the U.S. ``Typically a good economy equals good demand. Demand, however, has not yet been impacted by the high prices.''
Leaves 'em in tears.
Arf
