Crude fell again today to the lowest level since July 7 when it settled at $74.07. The increase in first time jobless claims signaled once again that the economy is not improving. Another indication of the poor economy is that inventory levels are at the highest levels in twenty years. These inventory levels are occurring when refinery utilization is lagging previous years' rates.
Today, crude -$1.01, $74.42, gasoline -3.23¢, $1.9281, distillate -1.7¢, $2.007.
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