Archive for July 29th, 2008

Oil Prices Drop More

Oil Prices Drop More!

The price of oil is continuing its drop once again. The price per barrel is now around $125.00, which just a few weeks ago was almost at $150.00 per barrel. This drop has a few reasons behind it. One is that our U.S. dollar is starting to get more value. And in some part the bill that President Bush signed for off shore drilling a few weeks back. And American’s are driving billions of fewer miles. So for the time being the chips are falling our way. Let’s just hope things stay on course.

Stocks Rebounding

Stocks Rebounding!

It looks like it’s going to be a great day for the Dow Jones industrial. Right now the stock market is up over 125 points. I sure hope this day ends up, because we really need a great rebound. I really can’t take anymore hits on our stocks. I just hope everyone today and the rest of this week lower his or her concerns about the financial sector. Anyway’s, lets hope for a good day, I know I will.