Oil down on mixed inventory report »

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  STONERS1 year, 8 months ago

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  "The Energy Department's Energy Information Administration says crude oil inventories rose by 4.2 million barrels last week. That was more than the 2.9 million barrel increase analysts expected."

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  nikkibabe1 year, 8 months ago

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  This is all Bush BS. The price of oil changes based on what the EXXON MOBIL bottom line expectations for a week.

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  Cityslicker1 year, 8 months ago

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  $1.85 N.A. before Katrina , 3 years later $3.15 in three years the N.I.R. rose that much ?

  If Oil Companies and Commodity Traders were just making a slight profit , I would believe it was due to Inflationary Economics but the Oil Companies are enjoying record breaking profits and Traders are cashing in on more and more profits , something is wrong .

  $2.00 to $2.25 a gallon would be on par for Inflationary projection of 3 years not $3.15 .

  I now know what the term "They're sucking the life blood right out of the Country" means .

  It's got to stop or the United States will finally recede to a Bankrupt Nation .

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