FatalWishes
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Oil near $94 as market awaits US bailout vote
| Quote From Source: | Oil prices were erratic near $94 a barrel Friday as investors waited to see if a reworked $700 billion bailout package would pass the U.S. Congress and help stabilize the economy of the world's biggest crude consumer.
A short slide by the U.S. dollar against other major currencies was seen as helping boost oil prices, but expectations that U.S. jobless data to be released later Friday would show growing stress in the labor market kept a ceiling on gains.
By midday in Europe, light, sweet crude for November delivery was up 12 cents to $94.09 a barrel in electronic trading on the New York Mercantile Exchange.
| | Click source url to view entire story. |
Source BIZ.Yahoo
Source URL: http://biz.yahoo.com/ap/081003/oil_prices.html
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
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MountainManMike
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im still waiting to see low gas prices come to durango. |
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chrisisasavage
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Oil below $90
http://biz.yahoo.com/ap/081006/oil_prices.html?.v=10 |
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Indy
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It closed at $87.81 today. Down $6.07. I think that is as good of sign as any that our economy is in serious trouble.
"I think God gives us children so death won't come as such a disappointment." - Two and a Half Men |
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FatalWishes
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That and the unemployment figure at 6.1% and they still say we are heading into a recession. Umm....we have been in a recession and its going to get much worse.
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
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Indy
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Heading into one? Who is doing our accounting? Arthur Andersen? I think we are heading into the next great depression.
"I think God gives us children so death won't come as such a disappointment." - Two and a Half Men |
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FatalWishes
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Everybody is afraid to say it. Nobody wants to officially admit we are screwed. Royally. If things keep tanking, all of those baby boomers wanting to retire won't be able to. They won't be able to get jobs either. We could go into a depression.
They should take the warning labels off of everything and let stupidity sort itself out.
Please check out our new website at www.globalwarmingisnotreal.com |
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posted on 10/3/2008 at 07:49
