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

[Jordan Hayes]

> "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.