Gas Price Drop to be Shortlived?
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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