Oil
Posted: September 9th, 2008, 11:13 am
Crude oilclosed at $103.11, the lowest it's been since April. I found this quote in the article interesting
What did the expect would happen? I know our driving sure was affected by the price of gas this summer. Local Chevron here is still $3.85 and the Texaco across the street is still at $3.95
"My general sense right now is that OPEC is more concerned about demand destruction than about the price drop."
What did the expect would happen? I know our driving sure was affected by the price of gas this summer. Local Chevron here is still $3.85 and the Texaco across the street is still at $3.95