Big Oil price drop
July 25, 2008 at 8:37 am
From 147 to 122 in 2 weeks, thats a big drop. How low will it go, and how long will it stay down? If I knew I would be a rich man.
Zooming out a bit, the drop is still fairly small though…
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World Crude Oil Production: Persian Gulf Nations, Non-OPEC,
and World (Thousand Barrels per Day)
http://www.eia.doe.gov/emeu/mer/pdf/pages/sec11_3.pdf