As this article in the Wall Street Journal explains, oil prices and prices of oil stocks are declining today on reports that inventories of crude oil and gasoline are above expectations heading into the summer vacation/driving season. This correction in commodity prices is healthy. With gasoline prices hovering around $4/gallon, a decline in the price at the pump would be a welcome relief to cash-strapped consumers.
http://online.wsj.com/article/SB10001424052748703864204576316830036397882.html?mod=djemTAR_h
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