We may be nearing financial Armageddon but there is some good news out there. It seems the collapse in the global economy is driving down the price of oil. Brent Crude is now below $80 per barrel. Despite the £ sterling weakening against the US $ this has led to falls in prices at the pump. Tesco have announced a cut of 3p per litre to £1.06. By my reckoning that's still just over £4.80 per imperial gallon. But it seems Tesco are using market forces to bring down prices. Maybe we should put Tesco boss Terry Leahy in charge of running the economy?
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