Sunday 8 May 2011

Price of Oil Drops Below 100 Gas May Fall to 350Gallon by June

The price of a barrel of oil dropped by $9.44 on Thursday alone, lowering the price below $100 per barrel for the first time in two months.

According to the Associated Press, the per-barrel price reportedly dropped further to $97/barrel early Friday, and the trend may not reverse itself any time soon.

Source:
http://www.autoblog.com/2011/05/06/price-of-oil-plummets-below-100-gas-may-fall-to-3-50-gallon-b/?c

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