http://www.benpadnos.com Observations from an Internet Entrepeneur Wed, 11 May 2011 04:37:51 +0000 http://wordpress.org/?v=2.8 en hourly 1 http://www.benpadnos.com/2008/12/oil-below-34-a-barrel/ http://www.benpadnos.com/2008/12/oil-below-34-a-barrel/#comments Sat, 20 Dec 2008 11:54:55 +0000 Ben Padnos http://www.benpadnos.com/?p=62 Oil closed below $34 a barrel (on the NY Mercantile Exchange) on Friday 12/19 — lowest levels in ~5 years and nearly 80% off its highs from over the summer. The price of Brent North Sea oil, which is the most commonly referenced price, closed around $43/barrel. Amazing times!

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