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Sunday, March 1, 2009

2008 SIGNIFICANT NUMBERS


$ 49.6 price of oil barrel in November - the lowest since May 2005

$ 140+ price of oil barrel in July

$ 700 Billion total amount of the US bailout package enacted in October, which authorized the US gov't

to buy bad mortgaged-related securities and other devalued assets held by troubled financial institutions. The

package hed hoped to "unfreeze" frozen credit to avert recession.

1.2 Million estimated number of jobs lost in the US due to recession as of October - and growing more in

the next months that followed.

BE aware, is there really oil shortage in the world ?

picture : oil barrel price globally

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