Oil Prices Drop More
Posted by AskSuperZJul 29
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.
2 comments
Comment by Atniz on July 29, 2008 at 1:14 pm
That is good news, but don’t know how long it will stay at this pace. I just hope they drop back to $60 per barrel. Things will be more easier for us.
Comment by Sara on July 29, 2008 at 9:19 pm
Hope it continues downward!
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