The mild weather in the northeast U.S. this winter has sent oil prices plummeting. In mid-January the price of West Texas intermediate crude fell to $51 a barrel -- down a whopping 34 percent from its July 2006 peak of $77 a barrel.
The mild weather in the northeast U.S. this winter has sent oil prices plummeting. In mid-January the price of West Texas intermediate crude fell to $51 a barrel -- down a whopping 34 percent from its July 2006 peak of $77 a barrel.
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