We might be seeing it coming back down again soon. DOW is stuggling to maintain levels above 10,000 points. Oil has has been struggling to break through a crucial resistance level and is near the top of its current trading channel. Some analysts are predicting a second drop before christmas time. The US dollar is also starting to gain strength again which has been trading inversly to the price of oil.
If oil can't break above current resistance levels I think we may see a fall again that will hopefully give you owner operators a little slack with fuel prices.
Fuel prices this week
Discussion in 'Experienced Truckers' Advice' started by Dreaman, Oct 24, 2009.
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