Crude Oil Falls Below $40 Barrel – Gasoline at .95 / Gallon – International Stocks Continue Drop

PETROLEUM ($/bbl)

  PRICE* CHANGE % CHANGE TIME
Nymex Crude Future 43.05 -.62 -1.42 09:52
Dated Brent Spot 39.77 -1.61 -3.89 10:23
WTI Cushing Spot 42.65 -1.02 -2.34 09:06
 

http://www.bloomberg.com/markets/commodities/energyprices.html

PETROLEUM (¢/gal)

  PRICE* CHANGE % CHANGE TIME
Nymex Heating Oil Future 150.10 -.81 -.54 09:53
Nymex RBOB Gasoline Future 95.48 -1.47 -1.52 09:52

http://www.bloomberg.com/markets/commodities/energyprices.html

FTSE 100

-103.86

-2.49%

4,059.75

XETRA-DAX

-189.87

-4.16%

4,374.36

CAC 40

-163.78

-5.18%

2,997.38

HANG SENG

+336.31

+2.49%

13,846.09

NIKKEI 225

-6.73

-0.08%

7,917.51

http://money.cnn.com/data/premarket/

One Response

  1. Just heard Brokaw the socialist ask Obama if we should use this opportunity to raise taxes on gas back to $4.00 a gallon to force people to buy the type vehicles he wanted. Obama answer was thoughtful and made Brokaw look like the fool he is. He answered something to the effect that Tom, that’s not the answer at this time, increasing gas prices would hurt the recently unemployed, the people just scratching to pay their bills. be bad on small business etc. The operative words were “at this time” Had I been enjoying a cup of Kool Aid like the average person with zero critical thinking skills, I would have found myself buying what he was selling, but of course there were the usual softball questions, and no follow through by Brokaw when he completely dodged the question, Tim Russert would have nailed him. He was among the last remaining good journalists. Yea he leaned left but he usually maintained the integrity of his position, i miss him J.C.

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