Let's talk about something else. The environment issues.
That's because the news on the stock market, read this :
U.S. stocks slumped on Wednesday, as a drop in oil prices dragged down energy shares, and a possible collapse of two big hedge funds hit investment banks, overshadowing Morgan Stanley's (NYSE:MS - news) strong profit.
Exxon Mobil Corp. (NYSE:XOM - news) and Chevron Corp. (NYSE:CVX - news) were the biggest downside contributors to the S&P 500 after weekly government data showed a build in crude supplies to their highest level in nine years, sending crude futures lower.
Exxon stock was down 3.5 percent to $82.82 while Chevron fell 2.8 percent to $80.97. Other energy stocks trading lower included Marathon Oil (NYSE:MRO - news), down 4.5 percent to $61.78, and Occidental Petroleum (NYSE:OXY - news), down 3.5 percent to $57.02.
How long can we use oil (the fosil fuel) on the world.
Maybe this is the time to think seriously about bio diesel and hybrid engine...
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