CNN CNN Newsroom With Carol Costello January 5, 2015 15:15:00
You've got russia with record output iraq with record output of oil but prices are low so it's hurting them. you've got saudi arabia and the opec cartels saying we're not going to cut production to help prop up prices just because the u.s. is producing so much oil, why will we help them out? so you have these geopolitical issues surrounding that. good for consumers, it can be tough for the energy companies, certainly tough for the stock market today. let's talk about perspective, though. 17,649. wow, even at the beginning of last year you would have been amazed to see such a high number on the...
Source: archive.org