ALJAZAM Real Money With Ali Velshi December 9, 2014
Well Oil Prices Fell to their lowest level in nearly five and a half years. They settled at 63. 05 a barrel, barry worth the price of carrying this barrel along. And getting below 63 in the trading session, sometimes creating a good plan for people trying to get more gas at the pump. In less than six months the price of a barrel of oil has dropped about 41 . The main culprit for this is an oversupply of oil in the world, and decreasing demand. At the same time, americas fracing boom is adding to the oversupply. There might be as many as a million extra barrels of oil than the world demands. Sa...