Friday, January 15, 2016

Oil is the same price today as before the "W" era.

The spike in 2008 occurred because Wall Street wanted to shelter their assets in commodities.

January 15, 2016
By Karl Russell

At less (click here) than $30 a barrel, crude is down more than 70 percent in the last 18 months. Over the years, the price tends to fluctuate in response to geopolitical and economic turmoil. Worries about China’s health is weighing on oil....