Thursday, January 11, 2007

Sliding oil prices worry investors???

Perhaps investors are really worried about sliding oil prices, however, I love it. I drive about 100 miles a day to getting to a from work.

I LOVE SLIDING OIL PRICES!

However, investors are worried-

Sliding oil prices worry investors

Stock investors who were thrilled with falling oil prices just a few months ago are getting nervous now that the slide is threatening to turn into a rout.

Wednesday, oil suffered its fifth drop in 2007's six trading days, falling $1.62 to $54.02 a barrel. That was an 18-month low and left oil down 11.5% for 2007 and 29.9% below its $77.03 record close last July 14.

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