Monday, September 29, 2008

Oil per barrel

http://biz.yahoo.com/ap/080929/oil_prices.html

"We" the people down here in smallville
find this funny as Hell!
There is a shortage of gas on the southern east coast
And we don't even give a damned, because we can't afford to buy it anyway!
There is no work to go to so who really needs it any how?
Not us!
We don't care what you charge for it now!
We're broke!
Plunge away!

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AP
Oil slides $10 a barrel on weak demand outlook
Monday September 29, 2:01 pm ET
By Stevenson Jacobs, AP Business Writer
Oil prices plunge $10 a barrel as investors expect weak demand despite US bailout


NEW YORK (AP) -- Oil prices have fallen more than $10 a barrel as worries that a U.S. bailout plan won't win legislative approval increase fears of a prolonged economic downturn.
Monday's steep decline came as House lawmakers were voting on the $700 billion rescue plan. Analysts say if the plan fails to win approval and the economy weakens further, consumers and businesses around the globe would likely cut back on energy use even more.