Friday, December 12, 2008
Energy: Crude skids 7% in reaction to failure of U.S. auto-rescue plan
Date: 12 DEC 2008 13:28:19 GMT
Crude-oil futures tumbled 7% Friday, a reversal after rallying more
than 10% in the previous session, as last-ditch plans for a bailout of
the U.S. auto industry collapsed.