U.S. oil prices plunge over 7% to settle at a nearly 16-month low as supply worries pummel market

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It's been a while since oil settled this low

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Wow but I missed gas below $3 in California

It has been a while. Unfortunately many companies are going to start looking at their strategic plans to determine the effects of lower oil prices on one's profits. I smell another massive layoff if prices remain in the $40s. formeroilandgasanalyst 20years themajors

Here comes $1.50 regular gas.

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