Friday, January 15, 2016

"Oil plunges below $29 on prospects of more Iranian crude, China worries."-Reuters.

WHY is this always couched negatively?  Come on, the only time you ever read any form of "plunge" used in a good sense is when it's paired with neckline. "Worries:" There can be nothing good coming with "worries."  "I worry about my plunging neckline"?, no. 


U.S. and Brent crude futures slumped to new 12-year lows, taking this year's losses to more than 20 percent, the worst two-week decline since the 2008 financial crisis.

"Shots rang out and the president's head slumped onto Mrs. Kennedy."

This is GOOD news for the American people, okay? It's good for everybody except oil exporters like the Saudis, Russians and energy speculators. To whom I say, JUMP!