The Think Tank

by on Mar.20, 2014, under Oil Prices

Best OIl  3/20/2014 200g 3.36 400g 3.33 down. 02
Larsen/Discount/First Call  3/19/2014 200g 3.45 400g 3.43 down .03
——————————————————————————————————————————————————-
 3/19/114  Close 99.70 Crude   3/20/114 Close   99.43 up
 down .27

well, today was a better day for the oil prices.  Down across the board.  Unfortunately the reason , I think, is because there was a report today by leading economists who said of people who have been unemployed for more than 6 months, only 11% will find full time employment.  That does not sound very good.  AND they further stated that the reason the unemployment numbers look better is because many of the long time unemployed have reached retirement age, or simply quit looking.  Sad but true I fear.

i do hope the price for heating oil and gasoline continues to fall as that will be good for all of us folks who actually work for a living and have to pay for things as opposed to those who run the oil companies, destroy economies with greed and pillage the pockets of the average citizen.


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