Oil Declines Nearing Summer’s Halfway Point

Author: BoatsOfFury, 07 08th, 2008

Oil Declines Nearing Summer’s Halfway PointThe price of bulk oil dropped today, even at the reports of Hurricane Bertha.  The strengthening of the American dollar and the ease of a storm on the Gulf coast has caused oil to tumble down below $136.

Despite this, gas prices are remaining at $4.10 a gallon.  Because of these prices there have been a lack of demand for gas, as many Americans have opted to stay home or limit their vacations this year.


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