Great news for US consumers. The price of oil has declined drastically; prices are now at a 17-month low (since June 2005). This is a result of ample supply, a mild forecast for the upcoming winter months, and concern over a US recession. Some analysts are saying that the markets are figuring out that it is quite ridiculous to have oil prices past $60/barrel. For our sake, lets hope so! (story here)
tagged business
enjoyed reading your blog!
ReplyDeleteThanks, oregon! :o)
ReplyDelete