Quote:
Originally Posted by mslinger
As I suggested in an earlier post Pelosi should move to Iran and save Their planet and just leave our planet here in America alone.... we want to drill HERE and drill NOW....The previous poster was absolutely right. Just the mere THREAT of drilling here in America scared the living CRAP out of OPEC and others in the "oil game".... ok enough ranting...whew
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Ditto...
However I think the real reasons are the investigations into oil speculation and the fact that this has been a bubble with NOTHING to back it up. Oil should be around ~65-70 a barrel not 130. This is according to oil analysts working with the actual demand for crude, not these inflated prices. I believe that we are going to see a major correction in the price of crude soon. If this price drop makes it to the pumps or if it just means more profit$ for the oil companies remains to be seen...
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