Oil prices fell to below $35 a barrel today as investors eyed a slew of U.S. corporate earnings this week for signs of weakening consumer demand amid the worst recession in decades.
Worst recession in decades? gee I don't know, I still remember having a 14.9% apr on a home I bought, standing in line for gas, GM was offering 12.9% as an incentive to buy cars, and unemployment was in the double digits.
Monday, January 19, 2009
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