Crude Oil Prices Continue to Decline

0

Comments

Well this is good economic news.

Crude oil fell to the lowest price in almost two months after Iran, OPEC’s second-biggest oil producer, said it would stop enriching uranium to ward off U.S. calls for sanctions.

Still there are long term problems the U.S. needs to face in terms of fuel production. The lack of refinery capacity and the regional fuel requirements that help keep prices high.