It was huge news on the 14th then oil dropped 6 or 10 dollars per barrel on the 15 then again today. I think his lifting the ban has a direct link the oil prices dropping. What do you think?Where is all the news about GWB lifting that federal oil drilling ban?
I think you're correct, as evidenced by this article on the Forbes website:
';Oil was in focus Monday after President Bush announced plans to lift a ban on U.S. oil exploration in the Outer Continental Shelf, officially in an effort to ease oil prices.
Transocean (nyse: RIG - news - people ) gained nearly 2%, and Diamond Offshore Drilling (nyse: DO - news - people ) gained more than 2%. Those advances were made despite a slight drop in crude prices, which fell 62 cents to $144.46.';
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment