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Oil Falls More Than $5 as Natural Gas Tumbles, Economy Slows

by Roland, the Gunslinger on Thu 17 Jul 2008 09:41 PM EDT | Permanent Link | Cosmos

Crude oil fell more than $5, dropping below $130 a barrel for the first time in six weeks, as natural gas futures tumbled and on signs slower global economic growth is curbing fuel use. Natural gas dropped more than 7 percent after a government report showed that U.S. supplies rose a greater-than-forecast 104 billion cubic feet last week...''The rout in natural gas is pulling oil lower''

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