Oil Prices Slide as Summer Looms Closer

As the Associated Press is reporting, bulk oil prices have slid today to $116 a barrel. The news comes as the spring season enters the home stretch and Americans prepare for the summer – a season that is most popular for vacationing and leisure activities such as fishing and boating.

The decrease in oil prices was due to the end of a refinery strike in Scotland, which adds to the falling demand of oil, though gas prices are still averaging at $3.67 throughout the U.S.