Oil Tumbles –

Oil takes a nosedive of almost $5 dollars today.  The decline is a reaction to the news that China is hiking energy costs.  This move is likely to lower demand in a part of the world that is rapidly expanding.

To view a related article, please click here:

http://www.bloomberg.com/apps/news?pid=20601087&sid=aWrvhni3GDGg&refer=home

Jim Sutliff

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