The Elusiveness Of Oil

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Expecting a build of 800,000 barrels before today's Department of Energy announcement that 6.7 million had found their way into the inventory has sent crude futures down over 8%. Good thing too, as what this economy certainly doesn't need at the moment is expensive energy on top of all the other problems we have to cope with.
Maybe Big Auto can leverage the unusually low price of oil into something less than a 50% hammering of sales in the first quarter. (Or maybe not).

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