[lbo-talk] WSJ: Rapid Plunge in Price of Oil

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Sat Jan 13 22:05:47 PST 2007



> "Crude oil plunged another $2.14 a barrel, or 4% yesterday to $51.88
> on the New York Mercantile Exchange," -- down 15% since the beginning
> of the year and down 33% from the record high of $77.03 14 July 2006,

Certainly puts a squeeze on Iran.



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