Oil Can Fall to $50-$60 if Credit Stays Tight

As with all bubbles, the oil (and all commodities) has burst. As a matter of fact, it burst on 7/15/08

It's still $3.89 a gallon here: Oil prices skid to 2008 low on falling demand

NEW YORK (AP) - Oil prices fell Wednesday, touching their lowest level this year,—as the government reported a huge spike in crude inventories while giving more evidence of dwindling demand. Light, sweet crude for November delivery was down $1.23 at $88.83 in afternoon trading …

Why is the Fed so worried about inflation?

Fuel Prices: What's going on?

Talked with a commodities trader about gasoline, diesel and oil. His thoughts were interesting but did little to clear up the large differential in prices at the pump. (photo: Diesel 2.99 / Gasoline 2.19)

Sheetz Chooses Triple Point Oil Trading and Risk Management Software : US gas and convenience retailer selects Commodity XL for Oil to manage gasoline inventory and mitigate market risk

WESTPORT, Conn. (Business Wire EON) September 8, 2008 -- Founded in 1952 and headquartered in Altoona, PA, Sheetz has 350 gas and convenience stores and employs over 12,000 people across...