Mid-Week Reality Check: The Pullback in Crude Oil Prices Explained
Published: September 03, 2008 | 1:54 PM
Listen to another poigniant episode of the Mid-Week Reality Check. In this episode, Pento explains his rationale for the $40 dollar pullback in the price of crude and its ramifications on the U.S. economy. Was the precipitous drop in crude prices a result of supply and demand? Was their a major oil discovery found? How come stocks aren't rallying? Get the straight answers here in this classic segment.
