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Oil Continues Free-fall

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meangreendork Enthusiast

meangreendork

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Yep, thanks to Russia oil is up about $20 in the last few days. Congress could do something about it but you won't see them doing anything until January and then you won't see anything about oil drilling barring a miracle.

Georgia and Russia need to kiss and makeup. Both of them wronged the other person, but honestly, Russia is starting rattle sabers over there. We put up a 10 missile defense system in Poland...they're running air patrols and doing all sorts of disproportional displaying. WTF.

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yyz28 Enthusiast

yyz28

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Georgia and Russia need to kiss and makeup. Both of them wronged the other person, but honestly, Russia is starting rattle sabers over there. We put up a 10 missile defense system in Poland...they're running air patrols and doing all sorts of disproportional displaying. WTF.

Displaying is one thing... talking is one thing... you won't find them actually attacking any of our batteries any time soon. Sometimes countries that used to matter feel like they have to wave their dicks around to make sure everyone remembers they are there.

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JayDub Newbie

JayDub

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And oil took another huge drop today.

NEW YORK (Reuters) - Crude oil prices fell more than 5.4 percent on Friday in the biggest one-day slide since 2004 as dealers turned their focus to rising supply levels and weakening global demand.

Can you really call it a "huge drop" when the price of oil went UP a similar amount just the day before?

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