Crude is down 20% from June highs.
That’s what I’ve been noticing the most, the stark drop in oil. It had been so stable, for such a long while. What it might portend, I can’t rightly say. But it does seem a lot of things are getting really hinky right now.
"Among the big losers were Walter Energy, down 8%, Arch Coal, down 8%, Cliffs Natural Resources, down 10%, Peabody Energy, down 6.5%, and Alpha Natural Resources down 7.4%.
FYI: Coal miners that smoked cigarettes did not get Black Lung Disease.
Yet gasoline prices continue to soar. And profits are being sliced at ExxonMobil, all due to hussein's manipulations of the markets. When Sarah Palin (or maybe Ted Cruz) starts running things, hopefully well before 2017, it will be...