Oil Service ETF (OIH) Sinks On Oil Spill Disaster

Oil service firms were in focus earlier this year when President Obama announced that he was lifting a ban on expanded offshore oil and gas drilling on parts of the Atlantic coast. However, recent developments have thrown a wrench into these plans, as a number of government organizations and private sector firms race to avoid [...] Original Post Related Stories: Obama Opens Offshore Drilling; Oil ETFs Soar Daily ETF Roundup: XLF Sinks, VXX Surges 9% South Korea ETF (EWY) Sinks Along With Naval Ship