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Re: malice post# 33003

Saturday, 08/23/2008 7:38:58 AM

Saturday, August 23, 2008 7:38:58 AM

Post# of 72979
Oil lost all gains this week in Friday's trading:

http://biz.yahoo.com/ap/080822/oil_prices.html

"Oil prices plunge $6 a barrel after dollar strengthens, Russia begins Georgia pullback


NEW YORK (AP) -- Oil prices tumbled more than $6 a barrel Friday -- the biggest one-day percentage plunge in nearly four years -- after a rebounding dollar and a Russian troop pullback in Georgia sparked another frenzied sell-off."


I bought gas for 3.42 yesterday! Now, inventories for August delivery were around $120. Why isn't gas under 3 bucks yet? LOL!

Looking for USO calls on Monday though.

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