Oh oh - i wonder how all the late investors are feeling... seeing as they are after losing 6.3%. Speculation should be banned in the stock market.
Bush says drill and oil drops $9 a barrel, page 1
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Topic started on 16-7-2008 @ 02:52 AM by BRQuick
Drill, drill drill!
Funny how these things work. It should be interesting to watch how this plays out.
**Edit - forgot my s in drops.***
[edit on 16-7-2008 by BRQuick]
In a dramatic move yesterday President Bush removed the executive-branch moratorium on offshore drilling. Today, at a news conference, Bush repeated his new position, and slammed the Democratic Congress for not removing the congressional moratorium on the Outer Continental Shelf and elsewhere. Crude-oil futures for August delivery plunged $9.26, or 6.3 percent, almost immediately as Bush was speaking, bringing the barrel price down to $136.
Funny how these things work. It should be interesting to watch how this plays out.
**Edit - forgot my s in drops.***
[edit on 16-7-2008 by BRQuick]
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Strange sounds being heard in Canadian North caused by ground re-settling from oil field mining
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