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Wednesday, July 16, 2008

Oil Prices Drop For Second Day In A Row

Don't get your hopes up, but oil prices settled sharply lower for the second day in a row today, leaving crude more than $10 cheaper in two days of frenzied trading.

The two-day slide of $10.58 a barrel marks a dramatic turnaround in crude prices but
analysts are unsure whether the drop represents a long-term shift in sentiment or simply a brief correction to crude’s monthslong bull run.

Here's the details.

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Kootenai Metropolitan Planning Organization (KMPO) is the Metropolitan Planning Organization for Kootenai County, Idaho. Federal law requires urbanized areas with populations exceeding 50,000 people to have an MPO. KMPO was formed in 2003, to provide coordinated transportation planning within Kootenai county for the public, cities, small towns, the county, the state, transit providers, and the Coeur d'Alene tribe.

KMPO's Board of Directors oversees KMPO for Kootenai County, ID. KMPO's Executive Director and Staff are responsible for day-to-day operational and administrative needs.