Santa brings $35.35 crude oil prices for Christmas. As oil costs fall for 9 consecutive days. Most oil investors feel that prices will continue to fall into the new year. Lower fuel prices mean a nice Christmas present and a Happy New Year to almost everyone except oil companies.
Most including us believe it just a matter of time before we see twenty something dollars a barrel. Sokolis has felt fuel prices would fall to that level since it broke the fifty dollar a barrel level.
Inventories raise and oil prices fall. Fuel costs to trucking companies and everyone else improve daily. Let us know how low you think fuel costs will go? How much does lower fuel costs help your companies fleet. What are you doing to help manage those fuel costs?
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