Monday, July 7, 2008

The $4 "Tumble"

CNN reports that oil prices have "tumbled" by $4.00 a barrel. Excuse me, but I don't think this qualifies as a "tumble."

If the new TV I want changes from $2,399 to $499, THAT's a tumble. A $140 barrel of oil suddenly becoming $136 is more like a 24-hour semi-annual never-having-it-again sale.

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