Business Update – Good and Bad.

December crude oil was trading at a tad below $53 per barrel.  The day may close with prices around $52.96 which would be an almost 2 year low as inventories are climbing faster than expected.

Also dropping was the stock market in general.  At this moment the DJIA is hovering beneath the 8,000 mark.  As we speak the Dow is 7,997.47

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