Benchmark:South of US$60

Crude Investing News reports oil prices falling due to the strengthening of the US dollar though the global outlook is grim.

Governments, companies and investors think a prolonged recession or period of low growth is in the offing, and everyone should take note.

Keep in mind though that canned food and guns are among the few investments that will perform well in a recession. People will still need oil and natural gas, even if they reduce consumption. If financially possible, hold on, and wait for the recovery. It is foolish to pull money out now, when there does not appear to be a better location for it.