[Jay777]

So bad news results in good news? I'm confused? Less jobs than expected helps drive down oil prices?

[blakep]

GREAT!

I wonder if we will see prices drop at the pump??

[need_a_screen_name]

I'd like to see 20 dollars a barrel!

[johniegrad]

The renewed sell-off on Friday followed U.S. Labor Department data showing only 112,000 new U.S. jobs were created in November -- the weakest performance since July and well below Wall Street economists' forecasts.

Just because two things happen at the same time doesn't mean one caused the other.

Rooters is always ready to jump at any perception of an administration conspiracy theory. Why do they consider the drop in oil prices to simply be a market adjustment?

[RamingtonStall]

The Real issue to be investigated is how the price was artificially raised to $60.00 during the month immediately prior to the Election.

Who did what and when did they do it to drive the price to the artificially high level? Why is the price coming down to the real supportable levels of $42 or even the Mid $30's in the next few weeks?

I like low priced Oil just like everybody else, but I would like to have a good explanation for why they went up to $60 when they did, just in time to try to defeat George W. Bush, and why they were not sustained at that level? Why, exactly, are they coming down now?

RamS

[Calvarys_Soldier]

So when are my gas prices going to drop?

Oh yeah...that's right...the libs won't let us open up new refineries so we can turn crude into gasoline...

President Bush, we need that energy policy passed PRONTO.

[pissant]

The idiots at Reuters see LOWER oil prices as a negative?!? After being breatlessly aghast at the rising prices for the last 4 months. What morons.

[Petronski]

I think I will begin to see unleaded in the $1.60 range here real soon. Nice.

[robertpaulsen]

The Fat Man said in his movie that Bush was in bed with Big Oil. He hasn't even been sworn in and already their profits are down.

What's going on?

[Wolfstar]

Battered oil prices have dived another dollar after weak U.S. jobs data deepened a slump driven by easing worries about winter supplies.

This is one of the worst-written opening paragraphs I've ever seen in a news article. What the heck does it mean?

Battered oil prices have dived another doller. So far, so good -- except, whatever happened to "dove," the correct past tense of dive. ("I dove into the water." Not, "I have dived into the water.")

...after weak U.S. jobs data deepened a slump... What slump? The oil prices drop? Is that really a "slump?" Lower costs of oil are good thing, right?

...a slump driven by easing worries... If worries are easing, why is this bad? What does the easing of worries about winter supplies (oil supplies, one presumes) have to do with weak U.S. jobs data?

...weak U.S. jobs data deepend a slump driven by easing worries... Ummmmm...yeah, whatever.

[1Old Pro]

This week's sell-off was triggered on Wednesday by a U.S. government report that showed distillate stocks, including heating oil and diesel, rose by 2.3 million barrels, helping to narrow the supply deficit compared with last year.

Then how come heating oil is selling at 30% more than last year.

[blam]

Inorganic Oil

[sevry]

Battered oil prices have dived another dollar after weak U.S. jobs data deepened

Somebody please gimme a break on this. All that happened is that those who artificially ran up the price, are now cashing out. It's the end of the year, December.

[DouglasKC]

lol...this economy can't win for losing. When oil prices were high it was a sign that things sucked. When oil prices go lower, it's a sign that things really suck. It's a GOOD thing that oil prices are low. That makes everything that depends on oil in our economy (which of course is everything) cheaper which should fuel even more growth.