gustav Archive

  • frog

    Oil dips as economies wane - by frog



    Let the gyrations begin. As economies reel from the explosion in oil prices over the last couple of years, demand is dropping and with it, prices. As I write, oil is at $109.54, up slightly after yesterday’s significant low. Hurricane Gustav had pushed prices up a bit, but markets are heaving a sigh of relief [...] read more
    September 3, 2008 1:38 pm - 23 Comments