Bloomberg.com: U.S.
Can you believe the numbers? Wholesale prices of oil are headed toward their largest one month drop in price since June of 2001! Gasoline demand is down 2.8%.
Consumers are cutting back on oil consumption. Many folks are planning moves to the south for the winter. It may be a few more weeks before production is back to normal but the high prices are being met with lower demand.
Monday, October 10, 2005
Bloomberg.com: U.S. Gasoline Futures Drop!
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