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To: Who_Ate_My_Dog

Oil drops to $50\barrel and April 2013 prices at the pump drop 3 cents.


33 posted on 10/17/2012 7:20:38 PM PDT by WKB (After 4 years of Obama I am ready for a little R and R!!)
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To: WKB

You don’t want oil at $50/barrel. It costs about $70/barrel to produce oil in the Bakken And Eagle Ford deposits. If oil falls less than that, it kills off a lot of American production.


64 posted on 10/17/2012 7:54:54 PM PDT by henkster (If you let them do it to you, you got yourself to blame.)
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