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Oil Just Keeps Dropping!
By JLP | December 4, 2008
Oil dropped another $3.12 to $43.67…the lowest level since January 2005.
If someone would have told me back in July that oil was going to be trading in the 40s by the end of the year, I wouldn’t have believed them. It’s simply amazing how quickly things can turn.
Of course the bad side to all this is that now there’s less incentive for finding alternative fuels. I guess all those plans will get put on the back burner until it makes financial sense to go for them.
Topics: Oil |
