You're right Pazzle.Oil prices tumble more than $10Tuesday July...

You're right Pazzle.

Oil prices tumble more than $10
Tuesday July 15, 11:18 am ET
By Adam Schreck, AP Business Writer
Oil pulls back sharply after early highs, falling over $10 at one point on economic fears


NEW YORK (AP) -- Oil prices are tumbling as traders dump the commodity amid concerns about the economy that are also driving the stock market sharply.
Prices dropped more than $10 a barrel from highs earlier in the day, and are now down more than $6 from Monday's closing price. Light, sweet crude is trading at $139.03, down $6.15.

Earlier, it rose as high as $146.73 and fell down to $135.92.

The turnaround may not signal a lasting shift in sentiment -- prices have swung violently in recent days as they flirted with record highs. But it does underscore investor uncertainty about whether sky-high oil prices can be sustained and their effect on the broader economy


http://biz.yahoo.com/ap/080715/oil_prices.html


Cheers all!