NEW YORK — The price of oil dropped below $100 per barrel for the first time since February. The dramatic drop — down $5 per barrel by midday — is easing fears that high energy prices would cripple a U.S. economy that is struggling to overcome high unemployment, stagnant wages and weak growth.
Oil drops below $100 for first time since February
Friday, May 4, 2012 | 4:28 p.m. CDT;
updated 5:21 p.m. CDT, Friday, May 4, 2012
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