Congress Is Finally Back, Price Of Oil Drops Again
Crude oil dropped to $105/bbl Monday, down $1.26. After hours the price continued to fall, as of midnight it was hanging around $102/bbl. Since hitting it’s high at 147.27 on July 11 (that’s still less than 2 months ago), the price has fallen almost 30%. ...We’re Losing Momentum On Oil Prices
The price of crude is hovering around $115 / bbl. At this point, I suspect it won’t make much motion, especially not downward, until some real action is finally taken by Congress to open up drilling. I agree with the refrain of Republicans to do “all of...
The Iowa State Fair: Day 2
Just so you don’t either get too enthused or too fearful, I don’t plan to attend any more days at the fair this year… two days are enough for me right now! But today was a pleasant day! My wife and I left late (oh well!) with hopes essentially...Exxon Just Can’t Win
Exxon Mobil Corporation reported record earnings today, a record for any major corporation, but still came up short. Earning 2.27 per share was still 10% below market expectations. So, Exxon stock took a 4.7% slide. Not really a big deal, since the close today was...Stay in Touch
