Nov. 7, 2008 11:32

The news is not good for oil-dependent Acadiana. Oil prices continue to hover in the $60 per barrel range and are predicted to fall further due to the global economic slowdown. The AP reported this morning:

Oil prices were steady Friday after this week's giant sell-off, despite a U.S. government report showing the unemployment rate hit a 14-year high last month and predictions from an international energy agency that put the price of crude at $200 per barrel by 2030. Light, sweet crude for December delivery rose 68 cents to $61.45 a barrel on the New York Mercantile Exchange. But the contract dropped below $60 in overnight electronic trading for the first time 19 months.

Read the rest of the AP story here.

DID WE? DO WE? SHOULD WE? DEC 18 Jim Brown is asking the questions a lot of Americans are in the wake of the torture report. Did we torture people? Do we do it still? And should we, under any circumstances?JINDAL MAKES (PATHETIC) APPEAL IN IOWADEC 18 This post on

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