Oil prices rose again today, wrapping up another strong week as global energy concerns are lifting prices across the complex. Prices are also benefiting from increased demand as economic activity rebounds, which in tandem with a cold winter could cause prices to skyrocket even further. “The fundamental backdrop is one of tight supplies that is going to continue to push these prices steadily higher,” said John Kilduff, a partner at Again Capital in New York. In response, US drillers have added oil and gas rigs for the fifth week in a row, and the US government said it is monitoring the price situation and considering all options. European Nat Gas prices stand at a crude oil equivalent of ~ $200\/bbl, based on the relative value of energy quantity from each source. WTI traded up $1.05 or 1.34% to close at $79.35. Brent traded up $.44 or .53% to close at $89.32.<\/p>\n\n\n\n