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I am so glad to see oil falling. I think everyone is though. With school about to start again, I really don’t need high gas prices to decide whether I make it to class or not.

Anyway, oil fell to below $115 a barrel yesterday, hitting a 3 month low. Of course, when oil falls, recently anyway, stock have rallied.

With demand falling and supplies increasing, oil has been falling. It was down 7.9% in the last week. Some are saying it’s the end of the bullish commodities market, I think it’s just the end of the summer. Oil and gas are always more expensive through this time of the year.

Jeremy

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