Oil prices tumble in biggest weekly drop ever
The price of oil recorded its biggest weekly drop ever, and a gallon of gas finally pulled back from its record high. So is it time to declare the energy bubble popped?
Experts won't go that far just yet.
"It's too early to say we've seen the worst of it," said Tom Kloza, publisher and chief oil analyst of the Oil Price Information Service in Wall, N.J. "We would be Pollyannish if we believe one week represents a trend."
Still, with oil recording yet another drop...
7/19/2008 1:39:00 AM
Kentucky.com: Business
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