Fuel Price Brief for the Week of May 8
Oil prices dropped below $100 a barrel for the first time since February 25, to settle Friday at $97.18 a barrel on the New York Mercantile Exchange—$16.75 less than last week. The announcement of Osama bin Laden’s death immediately caused oil prices to drop $10 a barrel at the start of the week on speculation his death could ease some of the turmoil in the Middle East.















