The price per barrel was $140. Today, it's approaching $126.
Obama and demogoues said that drilling oil will not cut 1 cent, yet so far it has cut $14 per barrell.
Source: Bloomberg.com/energy as of 1.31PM CST 07/23/2008
Nymex Crude Future | 126.41 | -2.01 | -1.57 | 13:53 |
Dated Brent Spot | 126.12 | -2.97 | -2.30 | 14:23 |
WTI Cushing Spot | 124.54 | -3.41 | -2.67 | 14:10 |