« Who are you gonna believe? | Main | Watching the grown-ups. Woo-hoo. »

Still going down?

Oil drops below $130 for first time in a month - Oil & energy- msnbc.com

NEW YORK - Oil prices fell below $130 a barrel for the first time in more than a month Thursday, as a dramatic slide entered a third day along with a sharp sell-off in natural gas.

The declines accelerated amid growing concerns about the weakening U.S. economy.

Hmm. Isn't that odd? Prices keep dropping, once we say we're actually going to do something about the problem, instead of listeneng to Pelosi and Company whine about how we don't dare drill anywhere there might be easily accessed oil.

$17 dollars down. We'll see if the trend continues.

J.

About

This page contains a single entry from the blog posted on July 17, 2008 11:26 PM.

The previous post in this blog was Who are you gonna believe?.

The next post in this blog is Watching the grown-ups. Woo-hoo..

Many more can be found on the main index page or by looking through the archives.

Powered by
Movable Type 3.36