According to this article from CNBC, Oil rises again today due to fears about Iran. Today marked a new intraday high of $147.27 for light sweet crude on the New York Mercantile Exchange, before prices backed off slightly. Year to date, crude oil prices are up almost 50%. Futures for heating oil and gasoline also rose thanks to higher oil The US dollar also suffered today, on signs that the Fed will not bail out Freddie Mac and Fannie Mae.

