Oil is down to $82!
I wonder what it would cost to have a second oil tank added to my home in NH? I probably couldn't get it fast enough to take advantage of these prices, though.
Sept. 22, 2011, 10:09 a.m. EDT
Chevron, Alpha Natural lead energy rout
Crude prices slide nearly 6%, energy stocks fall sharply
By Steve Gelsi, MarketWatch
NEW YORK (MarketWatch) -- A steep slide in commodity and equity markets sent the energy sector sharply lower on Thursday, as petroleum stocks fell back to their lowest levels in about 12 months.
The Dow Jones Industrial Average fell 348 points, or 3.2%. Within the 3-stock DJIA, energy stocks Chevron Corp. and Exxon Mobil Corp. fell 4.5% and 2.8% respectively.
Commodity prices aggravated losses in the energy sector, with the benchmark West Texas Intermediate crude oil contract for November delivery down 5.6% to $81.13 a barrel.
The NYSE Arca Oil Index of major oil producers and refiners fell 4.3% to 1,038, its lowest level since September, 2010.
The NYSE Arca Natural Gas Index dropped 4.7% and the Philadelphia Oil Service Index dropped 5.2%.
Full story: http://www.marketwatch.com/story/chevron-alpha-natural-lead-energy-rout-2011-09-22
Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months
| 