Oil reaches 13-month low
@ October 10, 2008 # No Comment Yet
Oil fell briefly below $78 per barrel on Friday, a 13-month low- as investors worried about the global economic meltdown. Oil reached a 2008 high of $147.27 per barrel on July 11, 2008. According to AAA, a gallon of gas now averages $3.35 across the United States. Phil Flynn, energy analyst at Alaron Trading Corp. [...]