Oil Prices Drop on Today's Trading

[Skip_In_Boulder]

And the good news just keeps on coming. It's got to be a tough week to be a Freeper. Also notice that oil is trading today below the 52 Wk Range low.

Crude Oil and Commodity Prices
May, Thursday 5 2011 - 14:45:13
WTI Crude Oil
$100.20 ▼9.04 8.28%
14:45 PM EDT - 2011.05.05


Brent Crude Oil
$113.88 ▼6.87 5.69%
14:45 PM EDT - 2011.05.05

Crude Oil Price by OIL-PRICE.NET ©
Price Change Trades Volume
14:45 - $ 100.20 9.04 8.28% 319,511 526,888
Range Open 52 Wk Range 1 Year Forecast
99.70 - 109.38 101.77 68.01 - 114.18 $115 / Barrel

http://www.oil-price.net/

[Ian David]

1. I just ordered oil yesterday :(

[Skip_In_Boulder]

3. Timing is everything.

:toast:

[RUMMYisFROSTED]

4. Mod's please move to Lounge.

:mad:

[Skip_In_Boulder]

6. Why does this need to be in the Lounge?

[RUMMYisFROSTED]

8. See #1

[RUMMYisFROSTED]

2. Our "better's/bettor's" casino.

Always a blast.

[Skidmore]

5. Gas prices may follow them down a bit but , ya know, food prices

won't. They never do. When food prices go up, they leave them right at that level.

[RUMMYisFROSTED]

7. Should we start building Thunderdome?

[Skip_In_Boulder]

9. We already have built it. n/t

[Vinnie From Indy]

10. Burning Man baby!

Gettin' whacked on the playa!

[RUMMYisFROSTED]

11. Player or Playa?

Huge contextual difference.

[DailyGrind]

12. Actually, it's a tough day to be an investor

or owner of a 401k, pension etc.

Not to mention that this comes because of decreased demand, bad jobs numbers etc.

Not exactly an indication that the economy is humming along.