24.09.2012 - Lower oil prices can benefit the oil industry
The recent drop in oil prices may not be a bad thing for the oil industry. It might mean stocks go down in value for a bit, but it could also do wonders for the economy and this in turn could increase usage benefiting many of the oil and energy related businesses. Letís take a look at the drop and see how a few companies are reacting to this sudden change. Part of the drop was a reactionary move because the Feds hinted they could release oil from its reserves and flood the market to bring prices down...............................................Full Article: Source
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