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Entries from November 2008

Don’t let the fall in Oil Prices Lead to Energy Complacency

November 21st, 2008 · Comments Off on Don’t let the fall in Oil Prices Lead to Energy Complacency

The precipitous drop in oil prices may not hold for long. Speculators and fears of oil flow disruptions drove oil prices to an all time high of $145.16 on July 14, 2008 and is now down to $49.50 in November 20, 2008. Now the fear has shifted to the economy where deteriorating fundamentals suggest demand […]

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