Bruce Nunnally Posted December 13, 2008 Report Share Posted December 13, 2008 [article] Oil began that selloff late Thursday night as soon as traders received word that a segment of U.S. Senate Republicans opposed the bill and had enough votes to either defeat it or filibuster it to its defeat. Oil had fallen $3.22 to $44.76 per barrel as of Friday morning. Crude oil for January rose to $46.28 by the end of trading on Friday. OPEC plans to meet this week to discuss further production cuts. Bruce 2023 Cadillac CT4-V Blackwing Follow me on: Twitter Instagram Youtube Link to comment Share on other sites More sharing options...
Ranger Posted December 13, 2008 Report Share Posted December 13, 2008 Opec must not be happy. I'm sure they are going to close the spigot to control (raise) the price. Link to comment Share on other sites More sharing options...
Frank T Posted December 30, 2008 Report Share Posted December 30, 2008 Opec must not be happy. I'm sure they are going to close the spigot to control (raise) the price. Ranger, You have a great track record of being right. But, this time, I hope you're not, I'm enjoying to low gas prices. If fuel prices remain low it may also help car/ truck sales too. That is when the banks start lending money again. Hope you had a Merry Christmas and have a Happy New Year! Take Care, Frank Link to comment Share on other sites More sharing options...
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