Gas Price Drop to be Shortlived?

Written by Nickel - Leave a Comment

Coming on the heels of numerous reports on falling gas prices, OPEC has started talking about cutting output. After all, crude prices have fallen below $60/barrel for the first time in six months, and much of the world has shown a complete willingness to pay the higher prices that we’ve been faced with, so why not? In other news, now looks to be a particularly good time to start investing in barrels. Buy low, sell high.

[Source: Financial Times]

Published on September 26th, 2006 - Leave a Comment
Filed under: Automotive, Energy
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About the author: Nickel is the founder and editor-in-chief of this site. He's a thirty-something family man who has been writing about personal finance since 2005, and guess what? He's on Twitter!

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