Oil Prices Fall Even Further. But...

Get cheap gas while you can. Let's hope this is the beginning of a trend. Crude oil futures prices settled just above $50 per barrel on Jan. 18, their lowest settlement price since May 2005. Crude prices dropped sharply over the last couple of weeks in response to above normal product inventory levels and lower demand. Gasoline and natural gas prices followed suit while propane prices were fairly constant, according to the Missouri Department of Natural Resources Energy Center's semimonthly Energy Bulletin. FULL STORY... Hat tip to theoilpipeline.blogspot Related: U.S. FOES LOBBY OPEC TO TIGHTEN OIL SUPPLY (NY Post)