Now my question is ....Will coal prices soon follow or will they stay higher because the the majority of sellers and people that stock it will have to sell off higher priced stock first.
I think a lot of dealers are smaller independents that have to move stocks before they can adapt to current market conditions....Guess I answered my own question didnt I?
By the way oil dropped to $77 at one point today and wholsale gasoline was posted at $2.04
The place I fuel my truck had a long line today. I got to pump and fuel had dropped to $3.95 from $4.20 that morning
Not to wish and speculators or Arabs any bad luck but I hope they choke till they croak on the oil they gouged us on. Also screw EXXON while I am at it
If oil stays down maybe the folks that make things move can get on and make a little money.
If oil had not tripled we would not be in this sorry fiscal mess as bad as we are.
Now if oilmen were bankers they would be getting bailedout for profits lost..or maybe they are and we just dont know it yet