Probably why the price dropped yesterday. The people in the know saw it coming with the announcement.
“Probably why the price [of oil] dropped yesterday.”
Yes, $7 yesterday, and another $4 today see:
http://futures.tradingcharts.com/marketquotes/index.php3?market=CL
“The people in the know”
You mean Chavez is right? I have this 300 (thud,) I mean 75 dollar a barrel oil! (Picture Mel Brooks with the 15/10 commandments.) This is the stuff that makes it all worth while. The best part is Peloosa and Hairy Red telling us drilling won’t fix it! The down side is it takes this issue off the table by November?