Kathy’s point about $20 oil seems on the mark- but the question is: is the drop in price per bbl natural or manipulated? A friend on the retail end tells me tankers full have been anchored offshore for months or years- such has been the glut. His point? Excess oil deliberately hoarded to artfificially keep the price up. Now perhaps the price is artificially depressed.
Michel if you're going to throw tht out there, explain to us exactly what the Saudi's have done. While you're at it explain your knee jerk reaction about Obama being the omnipotent power that has created every problem we have in this county.