The Europeans continue to moan about Greece. I cannot imagine why for the life of me. When Greece first asked to join the European Common Market, they were rejected, but they were given a list of goals they had to meet, tough spending goals. About a year later, the Greeks reported that they had met all of the goals. There must have been a Trojan horse involved because they were admitted WITHOUT PROOF, like a gentlemen’s agreement. Guess what. They kept to their usual ways. Why doesn’t the EU just cast Greece free and quit worrying about it. Everyone including the Greeks would be better off as they could let their currency float. But what do I know.
Our own Dollar Index is up another cent to 98.53, closer to a dollar in value. Crude, traded in dollars should decrease in cost with the increase in the dollar’s strength. Crude is down by $1.32 to $48.75 or $1.1607/gallon or about half what it was last year. I only see it going lower. New drilling may have slowed down but the existing rigs are still pumping an overabundance.
Gasoline dropped by 5.98 cents/gallon. Diesel fuel is down by 2.52 cents/gallon. Prices are:
Have a great day,