Oil Falls $3, Winter Fuel Inventories Up

[Marxdem]

http://finance.myway.com/ht/nw/bus/20041201/hlm_bus-n01199596.html

LONDON (Reuters) - World oil prices slid $3 a barrel on Wednesday, shedding nearly 7 percent, as a larger-than-expected build in U.S. heating stocks soothed worries about a winter fuel deficit.

U.S. crude by 1900 GMT was down $3.23 a barrel at $45.85 a barrel, off 6.6 percent. London Brent crude, benchmark for European imports, fell $3.06 to $42.45 a barrel, off 6.7 percent.



I sure hope gas comes down, its killing me right now. I spent about $250 last month on gas.

[OneTwentyoNine]

1. Funny,gas prices went up .11 cents today....

And when Oil goes up they raise the price,when it goes down they raise the price...

[maxsolomon]

2. you're driving too much

at $2/gallon, you burned 125 gallons of gas last month. lets say you get 20 mpg. so you drove around 2500 miles last month? 30,000 a year?

sorry, but that's just too much. your quality of life is low.

$2.50/gallon in seattle for heating oil. the thermostat is going down to 67, 62 at night. wood will be burned.

[MrUnderhill]

3. (S)he may have a spouse.

15,000 miles/yr each is just slightly above average.