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2008-07-18 Home Front Economy
Oil's 3-day tumble nears $16
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Posted by Steve White 2008-07-18 00:00|| || Front Page|| [1 views ]  Top

#1 It's the speculators driving down the market to deprive us of our revenue through illegal manipulations. Off with their hands.
Posted by Abdulla Saud 2008-07-18 08:39||   2008-07-18 08:39|| Front Page Top

#2 why don't the speculators get into shorting the futures market instead of going long all the time.
Lets see how far they can get it down now.
Posted by bigjim-ky 2008-07-18 09:17||   2008-07-18 09:17|| Front Page Top

#3 Demand going a little slack due to recession, coupled with the threat of margin regulation, and a looming possibility of more drilling in the OCS and shales....

Thats a bubble being deflated.
Posted by OldSpook 2008-07-18 09:52||   2008-07-18 09:52|| Front Page Top

#4 Word on the street is the Phish Carbuerator has been rediscovered.
Posted by .5MT 2008-07-18 13:02|| www.cybernations.net]">[www.cybernations.net]  2008-07-18 13:02|| Front Page Top

#5 Gas Wars and Green Stamps coming soon!
Posted by Besoeker 2008-07-18 14:58||   2008-07-18 14:58|| Front Page Top

#6 not good. We need the price outrage to overcome American's short attention spans, forcing the Donks to open up more drilling. I welcome the price drop, but it will just allow the sleazy Dems to say: "look, now we don't need to drill"
Posted by Frank G">Frank G  2008-07-18 15:59||   2008-07-18 15:59|| Front Page Top

#7 NEW YORK (CNNMoney.com) -- Oil prices fell Friday, marking a more than $16-a-barrel four-day drop, as the market focused on a possible thawing between U.S. and Iranian tensions.

Light, sweet crude for August delivery settled 41 cents lower at $128.88 a barrel. Prices had been higher for most of the session on Friday, reaching as high as $132.04 a barrel.
Posted by tu3031 2008-07-18 16:13||   2008-07-18 16:13|| Front Page Top

#8 Does this mean it's time to start shorting oil?
Posted by eltoroverde 2008-07-18 17:15||   2008-07-18 17:15|| Front Page Top

#9 Past time.
Posted by Nimble Spemble 2008-07-18 17:32||   2008-07-18 17:32|| Front Page Top

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