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re: The Last Time The Price Of Oil Crashed Like This?

Posted on 12/22/14 at 6:08 pm to
Posted by Mizz-SEC
Inbred Huntin' In The SEC
Member since Jun 2013
19276 posts
Posted on 12/22/14 at 6:08 pm to
quote:

There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months. The last time this happened was during the second half of 2008, and the beginning of that oil price crash preceded the great financial collapse that happened later that year by several months.


lol. Some nice fricking spin in this.^^^

It was the oil price run-up that was the first domino of the financial collapse.

Oil being down now is nothing but a good thing.
Posted by BoostAddict
Member since Jun 2007
2993 posts
Posted on 12/22/14 at 6:13 pm to
Vox.com may be the biggest collection of leftist idiots on the internet. It seems like weekly they are printing some sort of retraction or correction.
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