Stocks Start Slow!

In the early morning trading stocks where fluctuating due to oil. Oil is on the raise because of the Tropical Storm Gustav, which might hit the Gulf of Mexico. Any time chances are of a storm coming in oil always goes up. The price of oil rose to almost $119.00 a barrel on the exchange. Which is still considerably lower than it has been. We really don’t need another big storm in that area. I think America has been hit hard by storms over the last few years. These storms are hurting our economy and most importantly the people in the region of these storms. Anyway, hopefully this storm will just past by with no lost of life and a small amount of damage.

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This entry was posted on Wednesday, August 27th, 2008 at 10:50 am and is filed under Economy, Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.