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Oil Prices Slip Below $70 a Barrel
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by Babel-Fish | October 17, 2008 at 08:21 am
160 views | 7 Recommendations | 16 comments
This is good news, but greedy members of OPEC seemingly think differently
Oil prices dropped below $70 a barrel for the first time in 14 months Thursday, prompting the OPEC cartel to call for an emergency meeting next week to establish some stability in prices that have plummeted recently after rising for months.
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Most RecentMost Recommended Comments (16)
at 10:11 on October 17th, 2008
Babel-Fish, I like this story. It's good stuff.
Thanks..
Peace,
campanaro
at 15:12 on October 17th, 2008
thanks for the flag
at 11:11 on October 17th, 2008
This might be of interest in light of the most recent Pres debate when both candidates promised to have the USA off Middle East oil within ten years:
Ken Verosub more or less says:
by the end of the next presidential administration, the USA will be almost entirely dependent on oil imports
Of course the USA is not a major importer of Middle East oil to begin with, so it gets confusing, but we shouldn't imagine that $70 crude will be a permanent kind of thing.
at 11:19 on October 17th, 2008
Good news dude
at 11:19 on October 17th, 2008
Good news mr fish
at 11:19 on October 17th, 2008
Good news mr fish
at 11:20 on October 17th, 2008
Good news mr fish
at 11:20 on October 17th, 2008
Good news mr fish
at 11:20 on October 17th, 2008
Good news mr fish
at 03:48 on October 18th, 2008
sputnic why are you stuttering at a guess its a software glitch, lol
at 11:20 on October 17th, 2008
Good news mr fish
at 11:24 on October 17th, 2008
and gas here went from 3.79 to 3.09 in 3 days time
at 11:37 on October 17th, 2008
Went by the gasoline discount island today and noted regular slightly below $4 and diesel above $4. You might think Alaska, sitting on so much oil would be getting a Saudi type gasoline price, but it isn't happening.
at 15:27 on October 17th, 2008
99 pence (1.71 US$) per litre in UK and 45 pesos (37 pence 0.64 US$ ) Philippines. UK tax on petrol is too high no wonder I excaped to the Philippines.
at 15:33 on October 17th, 2008
NP members can track local gas prices by using our Scan tool.
at 16:31 on October 17th, 2008
Not in the philippines we seemed to be cut off, lol
Thanks its useful