Tuesday, September 2, 2008

Oil is Moving Down Again

The Price of oil is dropping again. Right now it is hovering around $107 a barrel or about $2.79 a gallon for gas at the wholesale level. Keep watching for the target of $80 a barrel. I think that is where it is headed; by market forces or government regulations.

http://www.bloomberg.com/apps/news?pid=20601087&sid=afYvxHexr7PY&refer=home

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