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Business News

Jul 8, 2008

Oil in two-day free-fall

Jul. 8 - Oil prices saw another sharp reversal from the record peak set last week as the threat Hurricane Bertha could disrupt production faded.

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“Reality try it youll like it.”

Joined: Jun 24, 2008
Comments: 260
New Yorker
ISP Location: Trenton, NJ
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Judge it!
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#1
Jul 8, 2008
 
That along with everyone cutting back and demand is starting to drop. But we stupid americans that we are will let the price drop 25 cents and go WOW only 3.75 a gallon and start guzzling again. If we all cut back as much as possible the demand would indeed put a cut into the price of gas. Just keep driving conservative. PS: Vote conservative too!
kwiken
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Judge it!
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#2
Jul 8, 2008
 
I'd like to see it "freefall" about 100 dollars a barrel.
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