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Jun 5, 2012

Economy: Economic News, Policy & Analysis - The Washington Post: Oil prices are collapsing — is that a good thing?

Economy: Economic News, Policy & Analysis - The Washington Post
Economy News: Get the latest headlines and in-depth coverage of economic news, policy, analysis and more from The Washington Post.
Oil prices are collapsing — is that a good thing?
Jun 5th 2012, 15:14

Remember when, a few short months ago, the whole planet was panicked about cripplingly high oil prices? That's changed in a hurry. Crude prices are now plummeting. Oil in London is trading for $96 per barrel, way down from $126 back in February.

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