OIL PRICE CONTINUES SLIDING DOWN

NYTIMES:

Oil prices continued their two-week slide on Wednesday after a government report showed demand for crude products dropped even further from the weak levels of a year ago when the recession's grip on the economy was strongest.

Benchmark crude for March delivery fell $1.04 to settle at $73.67 a barrel on the New York Mercantile Exchange. That's the lowest settlement price since Dec. 14, when crude dipped to $73.46.

Wholesale prices for natural gas, heating oil and gasoline also tumbled.

WE PREDICTED IT.

NO ONE ELSE DID, ANYWHERE.

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