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Archive Home > 2008 > October > 03 > Falling oil price ‘a positive note’

Falling oil price ‘a positive note’

Good news for the economy as prices drop sharply from triple digits in July

By Jad Mouawad / The Bulletin
October 3, 2008

For the last year, rising oil prices have taken a toll on the economy, driving up gasoline and food costs, punishing airlines and automakers, and ripping a large hole in people’s pockets.

But lately, nearly lost amid the chaos in the markets, oil prices have been dropping sharply from....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.