Thursday, May 5, 2011

try telling me crude pricing from say late 06 to now is demand driven

The Price of Oil, in Euros
DESCRIPTION

in the news

"Crude oil and wholesale fuel prices were routed Thursday, posting their biggest one-day declines in a couple of years and promising relief that could amount to more than 20 cents a gallon at the pump.
Oil prices were down nearly $10 a barrel for the day and nearly $14 from last Friday, when a barrel of West Texas Intermediate oil hit its high for the year, $113.93."