It's an ill wind...


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Submitted by lambert on Tue, 09/16/2008 - 8:37am

Reuters:

Oil fell more than 4 percent on Tuesday on rising concern that turmoil in global financial markets will further undermine fuel demand and send investors into safer havens.

Reports that U.S. oil infrastructure had escaped major damage from Hurricane Ike also weighed on markets, which fell more than $5 on Monday after Lehman Brothers sought bankruptcy protection.

My fuel bill comes shortly, so if market turmoil causes the price of oil to drop, my attitude is that it's all good!

Sufficient unto the day is the evil thereof (Matthew 6:34).

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