Oil = $81
Wow! As the markets crater, Crude Oil has really gotten shellacked -- down about 40% from the peak in July.
While the SPX too a full year to lose that much, this has been 4 months:
November Crude Oil Futures
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it's called Ramp n'Crash.
'Peak Oil' is a hoax. It, and its GHG-induced AGW fellow-traveler are apiece.
An excuse to add more Choke Points to our Economy, and more points of control on our Society.
Posted by: Mark E Hoffer | Oct 10, 2008 7:06:44 AM
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