Ball point pen on the morning newsprint

After Opec nations agreed to cut oil production by 1.5 million barrels a day, the price of oil is still falling. As world demand slips and the strength of the US dollar increases, the price of a barrel of oil fell below 60 dollars yesterday. Secretary General of OPEC, Abdallah Salem el-Badri has called for an emergency meeting before the scheduled December meeting of Opec nations. He can't be pleased,.. but Americans are thankful for the reprieve at the pumps.

The post Oils Slippery Slope appeared first on Larry Roibal.