Jul 12
Oil falls below $60 LONDON (Reuters) — Oil reversed early gains and dropped below $60 a barrel on Thursday as a downturn in the stock market added to pressure from high oil inventories and persistent concerns about the timing of any economic recovery. Light crude for August delivery fell 45 cents to $59.69 a barrel and was on course for the seventh straight day of declines. Pay More, Drive Less, Save the Planet What is the appropriate response to Secretary of Transportation
